| Commentary

76 Informal resolutions

| Commentary

76 Informal resolutions

Although most shareholder decisions are likely to be made using some type of formal resolution, case law shows that the shareholders of a company may make decisions without any formality, provided that all the members who would have been entitled to vote at the relevant meeting are in agreement. This is the result of the case of Re Duomatic, which held that the unanimous consent of all the relevant shareholders to a decision is as effective as a formal resolution passed at a properly convened general meeting1. The common law does not even require

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