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  • Corporate and Security Law

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    Shashank Salil Shrivastava
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    The document lists 20 matters that can be passed as ordinary resolutions by a company including rectifying the company name with government approval, issuing shares at a discount with court approval, altering share capital if authorized in articles, adopting statutory reports and balance sheets, appointing and removing auditors, filling board vacancies, and increasing or reducing the number of directors. Ordinary resolutions require a simple majority vote to pass.

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    any 20 matter which can be passed as ordiary resolution

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    Corporate and security law

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    The document lists 20 matters that can be passed as ordinary resolutions by a company including rectifying the company name with government approval, issuing shares at a discount with court approval, altering share capital if authorized in articles, adopting statutory reports and balance sheets, appointing and removing auditors, filling board vacancies, and increasing or reducing the number of directors. Ordinary resolutions require a simple majority vote to pass.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppt, pdf, or txt
    9 views6 pages

    Corporate and Security Law

    Uploaded by

    Shashank Salil Shrivastava
    The document lists 20 matters that can be passed as ordinary resolutions by a company including rectifying the company name with government approval, issuing shares at a discount with court approval, altering share capital if authorized in articles, adopting statutory reports and balance sheets, appointing and removing auditors, filling board vacancies, and increasing or reducing the number of directors. Ordinary resolutions require a simple majority vote to pass.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppt, pdf, or txt
    of 6

    CORPORATE & SECURITIES LAWS

    CIA- 3

    Question
    Any

    20 matters which can be passed as ordinary resolution ?

    Rectify

    name of company with approval of Central Government. Issue shares at discount subject to sanction of CLB. Issue further shares without making rights issue with approval of Central Government. Alter companys share capital, if authorised by articles. Increase nominal capital by an unlimited company.

    Issue

    of shares with differential voting rights as to voting or dividend or otherwise. (postal ballot required in case of listed companies). Reissue redeemed debentures. Commencement of new Business with approval of Central Government. Adopt statutory report. Declare dividend.

    Adopt

    balance sheet and report of Board of Directors and Auditors at AGM. Appoint auditors and fix their remuneration (power to fix remuneration can be delegated to Board of Directors). Remove auditor and appoint another nominated by any member. Fill casual vacancy in the office of auditor caused by resignation. Appoint first directors who are liable to retire by rotation.

    Fill

    vacancy created by retiring director same or other person can be appointed as director. Appoint person other than the retiring director or regularise appointment of additional director or director appointed in casual vacancy. Increase or reduce number of directors within limits of Articles of company. Appoint MD/WD/Manager and approving his remuneration. Remove director before expiry of his term and appoint another in his place.

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