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Shareholder Resolution

A shareholder resolution occurs when the shareholders of a company submit a proposal (in the form of a written resolution). This proposal will concern an action that the company should take. The company will hold a vote as to whether the shareholders’ resolution should pass.

As a member, you can request unlimited legal documents to be drafted or reviewed for your business, including this Shareholder Resolution. Our membership also provides unlimited legal advice consultations, faster turnaround times and ongoing legal support for an affordable monthly fee.
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What's included?

As a business owner in England and Wales, you will want to know of the ways in which shareholders can pass a resolution which will mandate you to take an action. The rules for public and private companies are different, with public companies closely regulated by the Companies Act 2006. As a result, it is a good idea to clue yourself up with the voting rights that shareholders have. 

On the whole, it is a good idea to listen to shareholder resolutions if they are passed, as they can give you a good indicator of the values of your shareholders, which can in turn help you add value to them. 

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