approval of shareholders

approval of shareholders
Companies are ultimately controlled by their shareholders voting in general meeting. Meetings of shareholders are convened by formal notice. The procedure is contained in the Articles of Association. Ordinary resolutions are passed by a simple majority of shareholders present in person or in proxy voting at the meeting. Special Resolutions require a 75% majority.

Easyform Glossary of Law Terms. — UK law terms.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • approval */*/*/ — UK [əˈpruːv(ə)l] / US [əˈpruv(ə)l] noun [uncountable] 1) a positive feeling that you have towards someone or something that you think is good or suitable Children are constantly looking for signs of approval from their parents. Her ideas on the… …   English dictionary

  • approval — ap‧prov‧al [əˈpruːvl] noun [uncountable] 1. when someone officially accepts something: • His proposals cannot become law until they have obtained Congressional approval. • Approval for the new buildings was given in July. 2. on approval if you… …   Financial and business terms

  • approval — ap|prov|al W3S2 [əˈpru:vəl] n 1.) [U and C] when a plan, decision, or person is officially accepted ▪ The president has already given his approval to the plan. ▪ It is just three months since we received official approval to go ahead with the… …   Dictionary of contemporary English

  • United Kingdom company law — Beside the River Thames, the City of London is a global financial centre. Within the Square Mile, the London Stock Exchange lies at the heart of the United Kingdom s corporations. United Kingdom company law is the body of rules that concern… …   Wikipedia

  • Directors' duties in the United Kingdom — bind anybody who is formally appointed to the board of directors of a UK company. Contents 1 Scope 2 Duty to act for proper purposes 3 Duty of care 4 …   Wikipedia

  • Companies Act 2006 — The Companies Act 2006[1] Parliament of the United Kingdom Long title An Act to reform company law and restate the greater part of the enactments relatin …   Wikipedia

  • merger — merg·er / mər jər/ n 1: the absorption of a lesser estate or interest into a greater one held by the same person compare confusion 2: the incorporation and superseding of one contract by another 3 a: the treatment (as by statute) of two offenses… …   Law dictionary

  • Sears Holdings Corporation — For the 2009 Federal Trade Commission case see In the Matter of Sears Holdings Management Corporation. Sears Holdings Corporation Type Public Traded as NASDAQ …   Wikipedia

  • OHE — Osthannoversche Eisenbahnen OHE Industry Rail Headquarters Celle, Germany Key people Wolfgang Birlin, Chairman of the Board[1] Piers Marlow, Chairman of the Supervisory Board[1 …   Wikipedia

  • Resolution plc — Infobox Company company name = Resolution plc company company type = Public (lse|RSL) foundation = 2005 location = London, England, UK key people = Clive Cowdery, Chairman Mike Biggs, CEO industry = Insurance, Pensions, Life Assurance products =… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”