Three types of Company resolutions and how each resolution differ from the other?

 Types of Company  resolutions are:

1).  Ordinary  Resolution;

2).  Special  Resolution;  and

3).  Extraordinary  Resolution.   

How each  Resolution  differ  from  the other; 

Ordinary Resolution  is a decision reached by  simple majority i.e. decision of more  than  50% of the Company  members  voting  in person  or  by proxy.   

Special  Resolution  is a decision reached by a  majority of  not  less than 75%  of the Company  members  voting  in  person or  by proxy at  general  meeting.  Notice  of not less  than  21  days must  be served.

Extraordinary Resolution  is a decision reached by a  majority of not  less than 75%  of the Company members voting  in  person  or by proxy at  general  meeting.  There  is  no requirement  for a given period  for  serving notice  i.e. it  depends on the urgency  of the matter. 

What is a  special resolution? 

Is a decision reached by a  majority of  not  less than 75%  of the Company  members voting  in  person  or  by  proxy  at  general meeting.  Notice  of  not  less than 21  days must be  served.

What  is the percentage of  the  members who  can  pass a  special resolution? 

The percentage of  the members who  can  pass a special  resolution not  less than 75%  of the Company members voting  in  person  or by proxy at  general  meeting.