Board and General Meetings Archives - Page 2 of 2

What is the difference between board resolution and board minutes?

A board resolution is a formal written document that records the decisions taken by the board of directors in a meeting. Board minutes are a list of actions and discussions that took place in a board meeting. If a board resolution is passed in a meeting, then the minutes will record the discussion and that … Read more

How often do I need to hold a board meeting? Can companies hold virtual board meetings?

Put simply, there is no requirement as to board meetings to be convened or at any particular intervals unless required by the shareholder’s agreement or the articles of association. It is advisable to hold a board meeting whenever a significant matter needs to be approved/discussed. The director(s) must give reasonable notice to the rest of … Read more