Board Minutes – Call a General Meeting to Remove Authorised Share Capital

IN LIGHT OF THE ECONOMIC CRIME & CORPORATE TRANSPARENCY ACT 2023, THIS TEMPLATE IS CURRENTLY UNDER REVIEW. 

Holding a board meeting is the first step when a company wants to remove provisions in its articles of association relating to authorised share capital.

Use these minutes to call a general meeting to remove authorised share capital provisions

These Board Minutes – Call a General Meeting to Remove the Authorised Share Capital record the proceedings of the board meeting where it is decided to convene a general meeting (or alternatively to circulate a shareholders’ written resolution).

Shareholder resolutions to be put forward

At the board meeting, the directors will resolve to call a general meeting at which the following shareholder resolutions will be put to a vote:

• An ordinary resolution to remove the provision relating to authorised share capital; or
• A special resolution to adopt new articles entirely.

The text of the proposed resolutions will be set out in the board minutes.

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