Board Minutes – Consider Director’s Loan and Call General Meeting
These Board Minutes – Consider Director’s Loan and Call General Meeting are to record minutes of a meeting held by the Board of Directors, where they agree to a loan to a director. Where the value of the proposed loan is more than £10,000, approval of shareholders must be obtained, and the directors will therefore need to resolve to call a general meeting of shareholders.
The meeting of the Board of Directors will then be adjourned (during which time the General Meeting takes place) and is reconvened to report the passing (or otherwise) of the resolution(s) proposed at the General Meeting.
Optional phrases / clauses are enclosed in square brackets. These should be read carefully and selected so as to be compatible with one another. Unused options should be removed from the document.
These Board Minutes – Consider Director’s Loan and Call General Meeting are in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes.
Once you have purchased access to the Corporate Document Folder click on the “Download Document” button below. You will be asked what you want to do with the file. It is recommended that you save the document to a location of your choice prior to viewing.