UK Accounting Glossary
Under the Companies Act 2006 a written resolution refers to a resolution signed by a majority of company members and treated as effective despite not being passed at a properly convened company meeting.
A special resolution requires the approval of 75% of company members in order to become effective.
Private companies can, in most circumstances, pass resolutions in this manner; however other types of companies may have the power to do so if stated it’s stated within their Articles of Association.
Previous legislation required a written resolution to obtain the signature of all company members.