Part XI Company administration and procedure
Chapter IV Meetings and Resolutions
Written resolutions of private companies
C1381A Written resolutions of private companies.
1
Anything which in the case of a private company may be done—
a
by resolution of the company in general meeting, or
b
by resolution of a meeting of any class of members of the company,
may be done, without a meeting and without any previous notice being required, by resolution in writing signed by or on behalf of all the members of the company who at the date of the resolution would be entitled to attend and vote at such meeting.
2
The signatures need not be on a single document provided each is on a document which accurately states the terms of the resolution.
3
The date of the resolution means when the resolution is signed by or on behalf of the last member to sign.
4
A resolution agreed to in accordance with this section has effect as if passed—
a
by the company in general meeting, or
b
by a meeting of the relevant class of members of the company,
as the case may be; and any reference in any enactment to a meeting at which a resolution is passed or to members voting in favour of a resolution shall be construed accordingly.
5
Any reference in any enactment to the date of passing of a resolution is, in relation to a resolution agreed to in accordance with this section, a reference to the date of the resolution.. . .
6
A resolution may be agreed to in accordance with this section which would otherwise be req F1uired to be passed as a special, extraordinary or elective resolution; and any reference in any enactment to a special, extraordinary or elective resolution includes such a resolution.
7
This section has effect subject to the exceptions specified in Part I of Schedule 15A; and in relation to certain descriptions of resolution under this section the procedural requirements of this Act have effect with the adaptations specified in Part II of that Schedule.
381BF2 Duty to notify auditors of proposed written resolution
1
If a director or secretary of a company—
a
knows that it is proposed to seek agreement to a resolution in accordance with section 381A, and
b
knows the terms of the resolution,
he shall, if the company has auditors, secure that a copy of the resolution is sent to them, or that they are otherwise notified of its contents, at or before the time the resolution is supplied to a member for signature.
2
A person who fails to comply with subsection (1) is liable to a fine.
3
In any proceedings for an offence under this section it is a defence for the accused to prove—
a
that the circumstances were such that it was not practicable for him to comply with subsection (1), or
b
that he believed on reasonable grounds that a copy of the resolution had been sent to the company’s auditors or that they had otherwise been informed of its contents.
4
Nothing in this section affects the validity of any resolution.
381CF3 Written resolutions: supplementary provisions.
1
Sections 381A and 381B have effect notwithstanding any provision of the company’s memorandum or articles F4, but do not prejudice any power conferred by any such provision.
2
Nothing in those sections affects any enactment or rule of law as to—
a
things done otherwise than by passing a resolution, or
b
cases in which a resolution is treated as having been passed, or a person is precluded from alleging that a resolution has not been duly passed.