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Can someone put this into Plain English?
“This is a special resolution which requires not more than 25% of financial owners voting at the meeting to vote against the motion, for the motion to pass.”
Does it mean:
“This is a special resolution which requires at least 75% of financial owners voting at the meeting to vote for the motion, for the motion to pass.”
And if it does, why didn’t it say so in the first place?
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