Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

AGRC ICCGO Exam - Topic 8 Question 18 Discussion

The required quorum for the validity of the decisions of the Extraordinary General Assembly in the case of increasing capital:
B) Decisions are issued by a majority of three-quarters of the shares represented at the meeting.
A) Decisions are issued by a majority of one-half of the shares represented at the meeting.
C) Decisions are issued by a majority of two-thirds of the shares represented at the meeting.

AGRC ICCGO Exam - Topic 8 Question 18 Discussion

Actual exam question for AGRC's ICCGO exam
Question #: 18
Topic #: 8
[All ICCGO Questions]

The required quorum for the validity of the decisions of the Extraordinary General Assembly in the case of increasing capital:

Show Suggested Answer Hide Answer
Suggested Answer: B

Contribute your Thoughts:

0/2000 characters
I feel like I read somewhere that two-thirds is common for these types of decisions, but I can't recall the exact details.
upvoted 0 times
...
Mozell
5 days ago
I'm a bit confused; I thought it could be just a simple majority, but that seems too low for something as significant as increasing capital.
upvoted 0 times
...
Ira
10 days ago
I remember practicing a similar question, and I think it was about three-quarters for major decisions like this one.
upvoted 0 times
...
Soledad
15 days ago
I think the quorum for increasing capital is usually a majority of two-thirds, but I'm not entirely sure.
upvoted 0 times
...

Save Cancel