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Objectives and Importance of Resolution
Resolution is presented in meeting to take decision in a democratic way. It is prepared
to fulfill the following objectives.
i. To collect and present the problems and issues of organization in logical way in
meeting
ii. To seek solution to the problem in open form and take the decision in a
democratic way
iii. To reach in conclusion on any issue or problem through consensus as far as
possible
iv. To make amendments to unclear rules and regulations
v. To provide documentary evidence on given issue or subject

Types of Resolution
According to the Nepal Company Act- 2063, resolution is divided into two types:

1. Ordinary/General Resolutions:
A resolution is said to be ordinary when it can be presented in every meeting or
can be decided by simple majority of the members in meeting. Example of ordinary
resolution are:
– Declaration of dividend
– Appointment of directors and auditors
– Determination of remuneration of directors, auditors, etc.

2. Special Resolutions:

A special resolution is one which is presented in general meeting for discussion and
decision is made by special majority but not by simple majority of the members
in meeting. Resolution is to be said as special resolution which is mentioned in
memorandum and the article of association of the organization/ company.
Examples of special resolution are:
– Amendment in memorandum and articles of associations
– Amount of capital alteration
– Liquidation of company
– Conversion of company from private to public and vice–versa
– All the proposals presented in extra–ordinary meeting
– Issuance of bonus shares

Report/Pratibedan

Simply, report is an account given or opinion formally expressed, after investigation
or consideration. It is considered to be formal and is required to give an account of

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