ExpertEasy1 markMultiple Choice
ACCA · Question 40 · Corporate and Business Law
What percentage of voting rights is required to pass an ordinary resolution at a general meeting?
What percentage of voting rights is required to pass an ordinary resolution at a general meeting?
Answer options:
A.
Exactly 50%
B.
More than 50%
C.
75% or more
D.
100%
How to approach this question
Define the threshold for an ordinary resolution.
Full Answer
B.More than 50%✓ Correct
Under Section 282 of the Companies Act 2006, an ordinary resolution of the members of a company means a resolution that is passed by a simple majority (i.e., more than 50%) of the votes cast by those entitled to vote.
Common mistakes
Confusing ordinary resolution (50%+) with special resolution (75%+).
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