extraordinary resolution
Definition
Company resolution that usually does not require any notice of its proposal, but must be passed by a majority of at least three quarters (two-thirds in some jurisdictions) of the votes cast. It is called a special resolution if a prior notice (usually of 21 days) is required for its proposal.
Mentioned in these definitions
Popular 'Corporate, Commercial, & General Law' Terms
extraordinary resolution in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/extraordinary-resolution.html
