Template Board Minutes to Convene a GM COVID 19 version
Corporate Insolvency & Governance Act Board Minutes convening a General Meeting
The Corporate Insolvency and Governance Act 2020 (the Act) received Royal
Assent on 26th June 2020. One part of the Act is that temporary
changes have been made to certain corporate governance aspects of company
law and specifically the introduction of greater flexibility for companies
as to how they conduct general meetings.
Companies that need to hold a general meeting have the flexibility under
the Act to hold the meeting virtually.
These template board minutes approve the convening of a general meeting in
accordance with the Act.
Note that a general meeting during this period, notwithstanding anything to
the contrary in the company’s constitution:
does not need to be held at any particular place;
whilst it must be quorate, can be held without any number of those
participating in the meeting being together in the same place;
votes may be taken electronically (or by other means); and
no member has the right to attend or participate in person.
This template should only be used for the period during which the
provisions as they relate to general meetings under the Act, are valid.
These provisions may be extended by secondary legislation depending on the
COVID 19 pandemic.
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