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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:

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Suggested Answer: B

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Lorrine
2 days ago
B is correct, it's a standard requirement in most cases.
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Cory
7 days ago
Wait, are you sure it's not A? That seems too high!
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Macy
12 days ago
Definitely agree with B, that makes sense for big decisions.
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Audry
17 days ago
I thought it was just a simple majority, but I guess not!
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Brice
22 days ago
It's B) three-quarters for capital increases.
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Aja
28 days ago
I feel like I read somewhere that two-thirds is common for these types of decisions, but I can't recall the exact details.
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Mozell
1 month 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.
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Ira
1 month ago
I remember practicing a similar question, and I think it was about three-quarters for major decisions like this one.
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Soledad
1 month ago
I think the quorum for increasing capital is usually a majority of two-thirds, but I'm not entirely sure.
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