New Click here to Enroll for SIDBI MSME Expert Class by ex-GM, SBI on Nov 24

    Register

    Question

    A resolution shall be an ______________ if the notice

    required has been duly given and it is required to be passed by the votes cast, whether on a show of hands, or electronically or on a poll, as the case may be, in favour of the resolution
    A Common resolution Correct Answer Incorrect Answer
    B Ordinary resolution Correct Answer Incorrect Answer
    C Special resolution Correct Answer Incorrect Answer
    D Either a or b Correct Answer Incorrect Answer
    E All a, b & c Correct Answer Incorrect Answer

    Solution

    Companies Act Section 114.Ordinary and special resolutions: (1) A resolution shall be an ordinary resolution if the notice required under this Act has been duly given and it is required to be passed by the votes cast, whether on a show of hands, or electronically or on a poll, as the case may be, in favour of the resolution, including the casting vote, if any, of the Chairman, by members who, being entitled so to do, vote in person, or where proxies are allowed, by proxy or by  postal ballot , exceed the votes, if any, cast against the resolution by members, so entitled and voting.

    Practice Next

    Relevant for Exams: