Q.Give any three cases in which an ordinary resolution need to be passed.

Ordinary resolutions are passed by a simple majority and are used for ordinary business; three examples are adoption of accounts, declaration of dividend, and appointment of retiring directors and of auditors. A resolution is a formal decision of a company meeting. An ordinary resolution is one carried by a simple majority — that is, the votes cast in favour exceed the votes cast against. It is used for routine or 'ordinary business'. Three cases where an ordinary resolution is required are: 1. Adoption of financial statements and reports: consideration and adoption of the audited balance sheet, profit and loss account, and the reports of the Board of Directors and the auditors. 2. Declaration of dividend: approving the payment of dividend recommended by the Board to the shareholders. 3. Appointment of directors and auditors: appointing directors in place of those retiring by rotation, and appointing the auditors and fixing their remuneration. (Other examples include increasing authorised share capital and issu …