Special resolution format

Model special resolution : changing or specifying an asset-locked body in the articles of association MS Word Document , 44. KB This file may not be suitable for users of assistive technology. What is a special resolution? Use this form to notify Companies House of a special resolution on change of company name. Special resolution on change of name.

However note that the written resolution procedure cannot be used to remove a director or an auditor from office. The wording of the resolution. A description of how shareholders can signify agreement.

The date by which the resolution must be passe else it will lapse (days from circulation date unless stated otherwise in the company’s articles). Where no special resolution is require an ordinary resolution may be passed by shareholders with a simple majority – more than – of the votes cast. Passing a special resolution at a meeting. For a special resolution to pass, at least of the votes cast must be in favour.

A proprietary company with only one member of the company can pass a special resolution by signing a document that sets out the details of the resolution. This sample format has a heading called board resolution followed by the name of the company. In the first paragraph the name of the board of directors along with date is mentioned.

In the next paragraph the real resolution is stated. You may also see meeting agenda samples. A special resolution isn’t necessarily good or useful for every single new company decision you need to make.

In fact, using the wrong type of resolution , including using an ordinary resolution where you should be using a special resolution , can mean the resolution is invalid because you have not followed correct procedures. General Meetings or general meetings for the purpose of a special resolution. A copy of the resolution must be delivered to Companies House within days of it being passed.

A fee of £is required to change the name (cheques made payable to “Companies House”). The agreement of a member to a written resolution is ineffective if signified after the expiry of that period. Different percentages for different matters can be required in the company’s MOI. A company may increase the percentage requirement for an ordinary resolution , and increase or decrease the requirement for a special. This means that the resolution is not effective unless notice of the intention to move it has been given to the company at least days before the meeting at which it is moved.

Format the resolution by putting the date and resolution number at the top. If it’s the boards first resolution , you can number it whatever you want. Form a title of the resolution that speaks to the issue that you want to document. A board resolution sample will include places to insert the date, time and location of the meeting. This is found at the top of the page.

A general statement about the board meeting to decide on the following is also a part of a board resolution template. The biggest part of the board resolution template is the area to place what topics need to be decided on and what actions the company will. If the resolution is being passed as a written resolution then it is important that the written resolution states that it a special resolution. Procedure for calling meetings to consider resolutions A general meeting at which a special resolution is being proposed may be held without the usual notice requirement (or days – unless the company’s articles of association say otherwise).

Should an SGM be convene the notice calling the SGM must contain the proposed special resolution , in terms section 6(2) of the STSMA and PMR 15(3), and be sent to all members thirty (30) days prior to the SGM. Specimen B- special resolution in writing signed by all members. THE COMPANIES ORDINANCE (CHAPTER 622) SPECIAL RESOLUTION. These require at least of the shareholders or directors to agree - sometimes as much as. There are certain things, which can be done by the company only if a special resolution is affirmed at the duly constituted general meeting.

The notice of the general meeting should be duly given to the members, and the notice should contain the. Board Resolution (Suggested format ) (To be printed on organization letter head) CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF (Company Name) _____ HELD ON (Date) _____ AT (Address) _____ RESOLVED THAT the compan.