Subject: Business Studies
The subject which is to be discussed to come to a final decision is called Agenda. Its main objective is to conduct the meeting in a systematic way without missing any item. All the decisions that are taken in the meeting are in the form of resolution. A resolution must be clearly written.
The word 'agenda' literally means things to be done. The subject which is to be discussed to come to a final decision is called Agenda. Its main objective is to conduct the meeting in a systematic way without missing any item. It includes the list of things to be done and subject to be discussed in the meeting. According to the Company Act, 2063 B.S. it is necessary to send agenda to the shareholders before the meeting. It helps the shareholders to get ready and be prepared for the meeting. An agenda must be clear and systematic.
An organization has to make different decisions to run the transaction and activities of the business in a systematic way. So, the decisions are made after discussing various problems or agendas. All decisions that are taken in the meeting are in the form of resolution. The resolution must be clearly written. A copy of the resolution must be submitted to the office of Company Registrar. When any proposal is accepted by required majority in the meeting then the proposal becomes the resolution. Resolution is passed for formulating plans and policies, raising funds, for electing the director, appointment of the auditor and declaration of dividend. There are two types of resolution. They are as follows:
a) Ordinary Resolution
A resolution taken by a simple majority which is presented in a board meeting or annual general meeting and decision is known as ordinary resolution. This resolution is passed by the shareholder holding 50% of the total share and at least 3 shareholders should be presented. General activities of the company are carried out by the ordinary resolution. The following matters are presented and passed in ordinary resolutions:
b) Special Resolution
A resolution taken by the special majority which is presented in a special issue of the company is known as special resolution. This resolution is passed by the shareholder holding 75% of total share who are presented in the meeting. This resolution is not adopted regularly. The important matter which cannot be decided by the simple majority is adopted in special resolution. This resolution is passed in annual general or special general meeting. A copy of the ordinary resolution should be submitted to the office of the Company Registrar. The following matters are presented and passed in special resolution:
References:
Khanal, Soma Raj, Surendra Thapa Aslami and Sitaram Dhakal.Business Studies.Kathmandu: Taleju Prakashan, 2067.
Pant, Prem R., et al.Business Studies.Kathmandu: Buddha Academic Publishers and Distributors Pvt. Ltd., 2010.
What is resolution? Discuss the various types of resolutions.
An organization has to make different decisions to run the transaction and activities of the business in a systematic way. An organisation has to make different types of decisions to conduct business activities in a systematic manner. Such decisions are made by following procedures. . All decisions that are taken in the meeting are in the form of resolution. It can be defined as the resolve to do or not to do things. The resolution must be clearly written. A copy of the resolution must be submitted to the office of Company Registrar. When any proposal is accepted by required majority in the meeting then the proposal becomes the resolution. Resolution is passed for formulating plans and policies, raising funds, the election of the director, appointment of the auditor and declaration of dividend.
According to the Company Act, 2053, resolutions can be divided into two types:
Ordinary Resolution
A resolution taken by a simple majority which is presented in a board meeting or annual general meeting and decision is known as ordinary resolution. Such resolution is passe d by shareholders holding more than 50 percent of the total shares.
The following matters are presented and passed in ordinary resolutions:
Special Resolution
A resolution which is adopted on special issues of the company and the decision is taken by the special majority is called special resolution. It is passed by the shareholders holding at least 75 percent of total shares who are present in the meeting. This resolution is not adopted regularly. The important matter which cannot be decided by the simple majority is adopted in special resolution. This resolution is passed in annual general or special general meeting. A copy of the ordinary resolution should be submitted to the office of the Company Registrar. The following matters are presented and passed in special resolution:
Discuss in brief, about agenda and resolutions of a company.
Agenda
The word 'agenda' literally means things to be done. The subject which is to be discussed to come to a final decision is called Agenda. It consists of a list of things to be done and points to be discussed in the meeting. Its main objective is to conduct the meeting in a systematic way without missing any item. According to the Company Act, 2063 B.S. it is necessary to send agenda to the shareholders before the meeting. It helps the shareholders to get ready and be prepared for the meeting. An agenda must be clear and systematic. The agenda are prepared systematically by considering their priorities.
Resolution
An organization has to make different decisions to run the transaction and activities of the business in a systematic way. An organisation has to make different types of decisions to conduct business activities in a systematic manner. Such decisions are made by following procedures. All decisions that are taken in the meeting are in the form of resolution. It can be defined as the resolve to do or not to do things. The resolution must be clearly written. A copy of the resolution must be submitted to the office of Company Registrar. When any proposal is accepted by required majority in the meeting then the proposal becomes the resolution. Resolution is passed for formulating plans and policies, raising funds, the election of the director, appointment of the auditor and declaration of dividend.
According to the Company Act, 2053, resolutions can be divided into two types:Resolution
Voluntary Resolution
Compulsory
Describe agenda, resolution with its types.
Agenda
The word 'agenda' literally means things to be done. The subject which is to be discussed to come to a final decision is called Agenda. It consists of a list of things to be done and points to be discussed in the meeting. Its main objective is to conduct the meeting in a systematic way without missing any item. According to the Company Act, 2063 B.S. it is necessary to send agenda to the shareholders before the meeting. It helps the shareholders to get ready and be prepared for the meeting. An agenda must be clear and systematic. The agenda are prepared systematically by considering their priorities.
Resolution with its types
An organization has to make different decisions to run the transaction and activities of the business in a systematic way. An organisation has to make different types of decisions to conduct business activities in a systematic manner. Such decisions are made by following procedures. . All decisions that are taken in the meeting are in the form of resolution. It can be defined as the resolve to do or not to do things. The resolution must be clearly written. A copy of the resolution must be submitted to the office of Company Registrar. When any proposal is accepted by required majority in the meeting then the proposal becomes the resolution. Resolution is passed for formulating plans and policies, raising funds, the election of the director, appointment of the auditor and declaration of dividend.
According to the Company Act, 2053, resolutions can be divided into two types:
Ordinary Resolution
A resolution taken by a simple majority which is presented in a board meeting or annual general meeting and decision is known as ordinary resolution. Such resolution is passe d by shareholders holding more than 50 percent of the total shares.
The following matters are presented and passed in ordinary resolutions:
Special Resolution
A resolution which is adopted on special issues of the company and the decision is taken by the special majority is called special resolution. It is passed by the shareholders holding at least 75 percent of total shares who are present in the meeting. This resolution is not adopted regularly. The important matter which cannot be decided by the simple majority is adopted in special resolution. This resolution is passed in annual general or special general meeting. A copy of the ordinary resolution should be submitted to the office of the Company Registrar. The following matters are presented and passed in special resolution:
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