write down the Differences between Ordinary
Resolution and Special Resolution.
S.No | Ordinary resolution | S. No. | Special resolution |
1. | It passes ordinary issues from the meeting. | 1. | It passes special issue from the meeting. |
2. | It is passed by simple majority of participants of meeting. | 2. | It is passed by 2/3 majority of participants of meeting. |
3. | Its effect is low and short term. | 3. | Its effect is long term. |
4. | Generally It is presented in annual general meeting of shareholders. | 4. | It is presented in either annual general meeting or special general meeting. |