Board Minutes – Removal of 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 to take when a company wants to remove the provisions in its articles of association relating to authorised share capital.

At the board meeting the directors will resolve to call a general meeting, where the following relevant shareholders’ resolutions:

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

will be put to the shareholders for a vote. The text of the proposed resolutions will be set out in the board minutes.

These board minutes record the proceedings of the board meeting where it is decided to convene a general meeting (or alternatively to circulate a shareholders’ written resolution).

This document is in open format. Fields should be completed and wording in square brackets is optional and can be deleted or retained according to requirements.

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.

Board Minutes – Removal of Authorised Share Capital is part of Corporate Documents. Just £35.00 + VAT provides unlimited downloads from Corporate Documents for 1 year.