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ACCA Applied Skills · Corporate and Business Law (Global) · Company meetings and resolutions

Under the general company law rules in the LW Global syllabus, an ordinary resolution is passed by which of the following?

An ordinary resolution is passed by a simple majority, meaning more than 50% of the votes cast by members entitled to vote. The 75% threshold applies to special resolutions, and unanimity is not needed for either type at a general meeting.

  1. AA simple majority (more than 50%) of the votes cast by those entitled to voteCorrect
  2. BAt least 75% of the votes cast by those entitled to vote
  3. CA unanimous vote of all members entitled to vote

Explanation

An ordinary resolution needs more than 50% of votes cast. The 75% threshold is that of a special resolution. Unanimity is not required for either type of resolution.

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