Form with which a corporation may resolve to issue additional Capital Stock in the corporation.
Capital Format Resolution For Company In Harris
State:
Multi-State
County:
Harris
Control #:
US-0040-CR
Format:
Word;
Rich Text
Instant download
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FAQ
Capital Distribution Resolution means the special resolution of the holders of Class A Common Shares and the holders of the Class B Non-Voting Shares, each voting separately as a class, approving the reduction of the stated capital attributable to the Class A Common Shares and, if the Board of Directors of the Company ...
Return of Capital Resolution means the special resolution in respect of the (i) reduction of the Corporation's stated capital by an amount equal to not less than the value of the Digital Shares and Digital Warrants acquired by the Corporation in the Private Placement, and (ii) the distribution of such Digital Shares ...
The title of the resolution must appropriately reflect the intent. Resolutions begin with "Whereas" statements, which provides the basic facts and reasons for the resolution, and conclude with "Resolved" statements which, identifies the specific proposal for the requestor's course of action.
(3) In any general meeting referred to in sub-section (1), the resolution for reduction of share capital shall be passed by shareholders entitled to vote, voting in person, or, where proxies are allowed, by proxy, and the votes cast in favour of the resolution are not less than three times the number of the votes, if ...
7 steps for writing a resolution Put the date and resolution number at the top. Give the resolution a title that relates to the decision. Use formal language. Continue writing out each critical statement. Wrap up the heart of the resolution in the last statement.
This Written Resolution – Share Capital Reduction is for use by a company where it wishes to pass a special resolution to authorise a reduction of share capital. The Companies Act 2006 has introduced a new way for private companies to reduce the amount of their share capital.
How to fill out a resolution of the board of directors? Date, time, and location of the meeting. Title that describes the board's decision to be made. Statement of majority or unanimous decision. Resolution of the decision, including any necessary actions. Officers responsible for carrying out the resolution.
Section 641 of the Companies Act 2006 allows, for all companies, a reduction of share capital by way of a special resolution of the members, which sets out and approves the transaction, which is then subject to court approval.
RESOLVED, that the Board of Directors is hereby authorized and approved to authorize and empower the following individual to make, execute, endorse and deliver in the name of and on behalf of the corporation, but shall not be limited to, any and all written instruments, agreements, documents, execution of deeds, powers ...
Letter of Resolution means a letter advising the party accused, and any person who, in writing informed or complained to the Executive Director concerning any such violation, that the alleged violation has been resolved and the manner by which it was resolved.