Part 13Resolutions and meetings

Chapter 2Written resolutions

Agreeing to written resolutions

296Procedure for signifying agreement to written resolution

(1)

A member signifies his agreement to a proposed written resolution when the company receives from him (or from someone acting on his behalf) an authenticated document—

(a)

identifying the resolution to which it relates, and

(b)

indicating his agreement to the resolution.

(2)

The document must be sent to the company in hard copy form or in electronic form.

(3)

A member's agreement to a written resolution, once signified, may not be revoked.

(4)

A written resolution is passed when the required majority of eligible members have signified their agreement to it.

Annotations:
Commencement Information

I1S. 296 wholly in force at 1.10.2007; s. 296 not in force at Royal Assent see s. 1300; s. 296 in force at 1.10.2007 by S.I. 2007/2194, art. 2(1)(f) (with saving in art. 12 and subject to transitional adaptations specified in Sch. 1 and with transitional provisions and savings in Sch. 3)

297Period for agreeing to written resolution

(1)

A proposed written resolution lapses if it is not passed before the end of—

(a)

the period specified for this purpose in the company's articles, or

(b)

if none is specified, the period of 28 days beginning with the circulation date.

(2)

The agreement of a member to a written resolution is ineffective if signified after the expiry of that period.