Document background
An Ordinary Resolution Of Shareholders is a fundamental tool in Singapore corporate governance, used when shareholders need to make decisions that require a simple majority vote. It's distinct from Special Resolutions, which require 75% majority. The document is essential for recording routine corporate decisions like director appointments, dividend declarations, and approval of financial statements. Under Singapore's Companies Act 1967, these resolutions can be passed either at physical meetings, hybrid meetings, or via written means, provided proper notice is given and quorum requirements are met. The resolution becomes legally binding once passed and must be properly recorded in the company's records.
