| Commentary

72 Use of resolutions

| Commentary

B: RESOLUTIONS

1: TYPES OF RESOLUTION

72 Use of resolutions

The usual way for the shareholders of a company to make a decision is to pass a formal resolution. Traditionally, such resolutions have been proposed and voted upon at a properly convened general meeting of the company1. Under the Companies Act 2006 the emphasis changed, and it is now assumed that private companies will normally use the written resolution procedure in decision-making and only call a general meeting where the Act requires it, or the decision is a particularly important one2. As before, public companies will

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