A special resolution is a resolution of the company’s shareholders where at least 75% of the votes cast by shareholders shall be in favor of it in order for it to be passed. Special business is transacted in a Special Resolution.According to the Companies Act, 2013, a resolution shall be a special resolution when—(a) the intention to propose the resolution as a special resolution has been duly specified in the notice calling the general meeting or other intimation given to the members of the resolution;(b) the notice required under this Act has been duly given; and(c) the votes cast in favour of the resolution, whether on a show of hands, or electronically or on a poll, as the case may be, by members who, being entitled so to do, vote in person or by proxy or by postal ballot, are required to be not less than three times the number of the votes, if any, cast against the resolution by members so entitled and voting.