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whats up everyone welcome back to our page and this video i will be discussing a round robin resolution now the companys act specifically addresses the issue of resolutions it also allows the memorandum of incorporation to have a substantial impact on resolutions the resolutions of shareholders of companies may be passed in one of three ways firstly at a meeting under section 61 of the companys act number 71 of 2008 or secondly by way of a round-robin written resolution under section 60 of the companys act 2008 and thirdly if there is a sole shareholder it may pass the resolution summary and without procedural formalities under section 57 of the round robins are now statutorily regulated by section 60 of the act now section 60 of the act provides as follows subsection 1 a resolution that could be voted on at any shareholders meeting may instead be submitted for consideration to the shareholders entitled to exercise voting rights in relation to the resolution and voted on in writin
