Section 106 — Companies Act 1993: Powers exercised by special resolution

106 Powers exercised by special resolution (1) Notwithstanding the constitution of a company, when shareholders exercise a power to— (a) Adopt a constitution or, if it has one, alter or revoke the company's constitution: (b) Approve a major transaction: (c) Approve an amalgamation of the company under section 221 of this Act: (d) Put the company into liquidation,— the power must be exercised by special resolution. (2) A special resolution pursuant to paragraph (a) or paragraph (b) or paragraph (c) of subsection (1) of this section can be rescinded only by a special resolution. (3) A special resolution pursuant to paragraph (d) of subsection (1) of this section cannot be rescinded in any circumstances.