Difference between revisions of "Ordinary Resolution"

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An '''Ordinary Resolution''' in a [[FairShares Enterprise]] is a decision taken at [[General Meeting]] by a simple majority of votes cast following one-person (member), one-vote principles.
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An '''Ordinary Resolution''' means a proposal accepted by a majority of votes cast on a one-shareholder, one-vote basis, irrespective of shareholder class, subject to any adjustments provided for in Clause 23 and 24 of the rules.
  
  

Revision as of 07:45, 9 February 2014

An Ordinary Resolution means a proposal accepted by a majority of votes cast on a one-shareholder, one-vote basis, irrespective of shareholder class, subject to any adjustments provided for in Clause 23 and 24 of the rules.



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