Elective Resolution in United Kingdom

Definition of Elective Resolution

In accordance with the work A Dictionary of Law, this is a description of Elective Resolution : A decision by all the members of a *private company (at a meeting called on at least 21 days’ notice) to dispense with complying with specified provisions of the Companies Act 1985, for example holding the annual general meeting and laying the accounts before it or the annual appointment of auditors.