Business Studies · Corporate Governance
Under modern company law framework (such as the Companies Act), a written ordinary resolution requires the approval of which of the following?
- 175% of the total voting rights of eligible members
- 2Unanimous approval of all members entitled to vote
- 3More than 50% of the total voting rights of members actually voting
- 4More than 50% of the total voting rights of eligible members✓
Correct answer
More than 50% of the total voting rights of eligible members
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