What percentage of shareholders must agree to shorten the notice period for a General Meeting in a private limited company (ltd)?

In a private limited company (ltd), the ability to shorten the notice period for a General Meeting typically requires a special resolution. A special resolution is a resolution that needs to be passed by a particular majority of shareholders, which, in most cases, is set at 75% of the votes cast at the meeting.

This percentage ensures that a significant majority of shareholders are in agreement before making changes that affect their rights or the governance of the company. A higher threshold, such as 90% or 95%, is not usually required for such matters as shortening the notice period, as it would create challenges in reaching consensus among shareholders and could hinder the efficient operation of the company.

Therefore, the correct percentage that shareholders must agree upon to shorten the notice period aligns with the requirement of a special resolution, which is 75%.