Great find Cos So from these 2 resolutions what are Management...

Great find Cos

So from these 2 resolutions what are Management of FMS looking to do??????

Ordinary resolutions
Ordinary resolutions are not specifically defined in the Corporations Act and need only a simple majority (i.e. normally, more than 50% of votes cast in favour) to pass.

Some decisions that may only require an ordinary resolution include:

• election/re-election of directors
• appointment of an auditor
• acceptance of reports at the general meeting
• strategic or commercial decisions
• increasing or reducing number of directors
• passing a board limit resolution (for public companies).

Special resolutions
Special resolutions are needed for certain changes as defined in the Corporations Act. Decisions like changing a company's name, winding up the company, or changing the company's type will require a special resolution.

We must demand a special resolution!!!!!!!

L4L