Notice and resolutions

In this lesson

1. 0:00 Notice requirements for company meetings
2. 0:32 Special notice and director removal procedures
3. 0:45 Who can propose resolutions and voting rights
4. 1:47 Ordinary versus special resolutions explained
5. 2:37 Written resolutions for private companies
6. 3:35 When written resolutions cannot be used
7. 4:09 Filing deadlines and exam question walkthrough

About this lesson

This video covers the key distinctions between ordinary and special resolutions, when written resolutions can be used for private companies, and the critical filing deadlines you need to know for your exam. Understanding notice and resolutions is fundamental to the governance and compliance sections of Corporate and Business Law, and you'll encounter these rules repeatedly across case study scenarios and objective test questions. The video breaks down the practical requirements: all shareholders and directors must receive at least 21 days' notice for AGM meetings (allowing for postage), while special notice for director removal requires 28 days. You'll learn who can propose resolutions—directors or members holding 5% of voting rights—and the voting thresholds: special resolutions need 75% approval and must be filed within 15 days, whilst ordinary resolutions need just over 50% and don't require filing unless legally mandated. The lesson also explains written resolutions, a cost-effective option for private companies that mirrors the same voting percentages as formal meetings, but with one critical restriction: you cannot use written resolutions to remove a director or auditor, as those individuals must have the opportunity to defend themselves in a formal meeting setting.

Duration: 5m