| Commentary

20.1 Collective decision-making

| Commentary

20 Decision-making by private company directors

20.1 Collective decision-making

Under the model articles the general rule about decision-making by directors is that any decision of the directors must be either a unanimous decision (which may be taken either at a directors’ meeting or in the form of a directors’ written resolution, subject to any contrary provision in the articles) or a majority decision (which must be taken at a meeting)1. This general rule does not apply if the company only has one director, in which case that director may take decisions without regard to any of the provisions

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