Written resolution—completion of subscription and shareholders’ agreement—members—target
Written resolution—completion of subscription and shareholders’ agreement—members—target

The following Corporate precedent provides comprehensive and up to date legal information covering:

  • Written resolution—completion of subscription and shareholders’ agreement—members—target

Company number: [insert number]

The companies act 2006

Private company limited by SHARES

Written resolutions OF

[insert company name] Limited

(the Company)

Circulated on [insert circulation date]

Pursuant to Chapter 2 of Part 13 of the Companies Act 2006 (CA 2006), the directors of the Company propose that Resolution 1 [and ][[insert number(s) of any additional proposed ordinary resolutions] ]below be passed as [an ]ordinary resolution[s] and that Resolutions 2[[ and OR ,] 3 [insert number(s) of any additional proposed special resolutions] ]below be passed as [a ]special resolution[s].

ordinary resolution[S]

    1. 1

      THAT subject to and conditional on the passage of Resolution 2, the directors are generally and unconditionally authorised, for the purpose of section 551 of the Companies Act 2006 and generally, to exercise all and any powers of the Company to allot shares and to grant rights to subscribe for, or to convert any security into, shares in the Company to any person, at any time and subject to any terms and conditions as the directors think proper, up to an aggregate nominal amount of £[insert maximum nominal amount] comprising:

      1. 1.1

        up to an aggregate nominal amount of £[insert maximum nominal amount] of [insert class of shares] with the rights attaching to them as set out in [insert details of the articles or the resolution setting out the rights attaching to the relevant class of shares];

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