The correct answer is: C. Not less than three-fourth majority of votes.
A special resolution is a resolution that is passed by a majority of at least three-fourths of the votes cast on the resolution. This is a higher threshold than the simple majority of votes required for a ordinary resolution. Special resolutions are typically used for matters that are considered to be more important or fundamental to the company, such as a change in the company’s articles of association or a merger with another company.
Option A is incorrect because special resolutions do not require special notice of at least 14 days. Ordinary resolutions require special notice of at least 14 days, but special resolutions do not.
Option B is incorrect because special resolutions do not require a simple majority of votes. A simple majority of votes is sufficient to pass an ordinary resolution, but a special resolution requires a majority of at least three-fourths of the votes cast on the resolution.
Option D is incorrect because special resolutions do not require a two-third majority of votes. A two-third majority of votes is sufficient to pass a special resolution in some jurisdictions, but this is not the case in all jurisdictions.