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An Ordinary Resolution requires only a simple majority of those present and voting at a general meeting to pass. A Special Resolution, however, requires a three-fourths majority to pass.

There are three main parts to a draft resolution: the heading, the preamble and the operative section. The heading shows the committee and topic. It also lists the draft resolution's signatories (see below).

A board resolution template is a manner of documenting decisions made by the company's Shareholders or Board of Directors. The decision can cover anything relevant to the affairs of the organization like a decision extending loans to other companies or when voting for a new member to join the board.

Related Content. A resolution of members (or a class of members) of a company passed by: On a show of hands at a general meeting, a majority of not less than 75% if it is passed by not less than 75% of the votes cast by those entitled to vote (section 283(4), Companies Act 2006).

A resolution must be moved by a senator (typically the chair of the sponsoring committee). For example, ?I move that Resolution #.... be placed on the floor of the Senate.? The motion must be seconded by a senator (typically a committee member involved in its development.

There are three main parts to a draft resolution: the heading, the preamble and the operative section. The heading shows the committee and topic. It also lists the draft resolution's signatories (see below). Each draft resolution is one long sentence with sections separated by commas and semicolons.

Resolutions can be written for the following reasons: To document that a new member of the board was voted in. To record a decision made at a board meeting. To document a decision made by the shareholders of a corporation.