A resolution that requires an important decision to alter terms of articles of association or memorandam of association. It requires no less than 21 days notice, no less than 3/4 of the votes of present members and to be filed with 15 days of approval.

More On This Topic

Link to This Definition
Did you find this definition of SPECIAL RESOLUTION helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary