Directors’ decision-making—written resolutions and decisions by sole directors


Published by a ÀÏ˾»úÎçÒ¹¸£Àû Corporate expert
Practice notes
In-house

Directors’ decision-making—written resolutions and decisions by sole directors


Published by a ÀÏ˾»úÎçÒ¹¸£Àû Corporate expert

Practice notes
In-house
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STOP PRESS: A significant restructuring of the UK listing regime came into effect on 29 July 2024 which included the removal of the premium and standard listing segments and the creation of a single listing category for equity shares in commercial companies. The commercial companies category is heavily disclosure-based and sits alongside other listing categories such as the shell companies, secondary listing and closed ended investment fund categories. A new UK Listing Rules sourcebook came into force to implement the changes and the previous Listing Rules sourcebook was revoked. For further information, see Practice Note: Reform of the UK listing regime—fundamentals. This Practice Note reflects the listing regime as it was prior to 29 July 2024.

This Practice Note outlines the Written Resolution method Directors may adopt to take decisions instead of holding board meetings. It also considers how sole directors make decisions under the Model Articles for private companies limited by shares.

For details on the power and authority of directors to make decisions, whether as a full board or as part of a committee,

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Jurisdiction(s):
United Kingdom
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Key definition:
Directors definition
What does Directors mean?

A director of a company is responsible for the day-to-day management of that company. The directors make decisions on behalf of the company in order that it can carry on its business.

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