What is Ordinary Resolution for Pte Ltd Company in Singapore?

What is Ordinary Resolution for a Private Limited Company in Singapore?

What is Ordinary Resolution for a Singapore Pte Ltd Company?

What is Ordinary Resolution for a Singapore Private Limited Company?

Ordinary resolutions: An ordinary resolution is a formal decision passed by at least 50% majority of the votes cast at a meeting. 14 days’ written notice must be given for the meeting. However, the meeting can be held at shorter notice if the shareholders (members) who hold at least 95% of the voting rights agree to shorter notice.

A company can pass ordinary resolution in accordance with the Companies Act to the following (example) decisions:

• Remove a director before the expiration of his period of office
• Appoint or re-appoint a director who is above 70 years of age
• A general meeting is the Annual General Meeting (AGM)