Written Resolutions of Sole Member / Members / Shareholders

The document titled 'Written Resolutions of Sole Member / Members / Shareholders' is an important document that outlines the resolutions agreed upon by the sole member or members of a company. It serves as a formal record of decisions made outside of a general meeting and is legally binding. The document begins with a brief introduction, addressing whether the resolutions are being made by a sole member or multiple members.

 

The first section of the document focuses on the authorized capital of the company. It states that the authorized share capital will be increased by a specific amount, creating additional ordinary shares that will rank equally with the existing shares. This resolution ensures that the company has enough capital to support its operations and potential growth.

 

The next section of the document includes spaces for the signature of the sole member or each member. If there is an auditor appointed for the company, a copy of the resolution is sent to them, and their confirmation of receiving the resolution is included.

 

Overall, this document is crucial for recording and formalizing important decisions made by the sole member or members of a company. It ensures transparency, compliance with the company's constitution, and provides a legal record of the resolutions agreed upon.

How to use this document?

To effectively use the 'Written Resolutions of Sole Member / Members / Shareholders' document, follow these steps:

1. Determine the type of resolutions: Identify whether the resolutions are being made by a sole member or multiple members. This will determine the appropriate section of the document to use.

2. Fill in the authorized capital details: Specify the amount by which the authorized share capital will be increased and the value of the additional ordinary shares. This ensures clarity regarding the company's capital structure.

3. Obtain signatures: If there are multiple members, ensure that each member signs the document in the provided spaces. If there is a sole member, they should sign and include their account details.

4. Notify the auditor (if applicable): If the company has an auditor, send a copy of the resolution to them, including the date of sending. Obtain their confirmation of receiving the resolution.

By following these steps, you can effectively utilize the 'Written Resolutions of Sole Member / Members / Shareholders' document, ensuring compliance with the company's constitution and creating a legally binding record of the resolutions agreed upon.