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Company Resolution – Template South Africa

Company Resolution – Template South Africa

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Original price was: R 266,68.Current price is: R 186,68.

Official decision of a legal corporate entity recorded in writing to be signed by its directors prior to concluding a transaction, agreement, or conduct a particular activity.

  • Provides clarity and direction.
  • Ensures compliance with regulations.
  • Helps prevent future conflicts.
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COMPANY RESOLUTION

Summary A Resolution may be used where the trustees / directors / members / partners of a legal entity such as a trust, company, partnership or close corporation need to pass a resolution before the organisation can conclude a transaction, agreement, or conduct a particular activity.

Why do I need a Resolution? Before a legal entity is permitted to enter into a transaction or legal agreement, or conduct particular activities, the consent or authorisation of the trustees / directors / members / partners is generally required. A resolution serves to record the consent or authorisation.

What type of business should use a Resolution? If your business is a legal entity with more than one trustee / director / member / partner, then a Resolution is required to approve transactions, agreements, or conduct particular activities, and to identify the person who is authorised to sign on the company’s behalf.

What does the Resolution say? The Resolution consists of: the details of the transaction, agreement, or activity; and the details of the person authorised to enter into the transaction, agreement, or activity on the legal entity’s behalf

What does the Company Resolution look like? The template resolution can be printed onto one page.

What do you need to do to use this document?

  • Read the template Company Resolution to ensure that it suits your requirements. Make changes as required.
  • Complete the relevant details, and get the trustees / directors / members / partners to sign.

Also viewed: Shareholders AgreementsMembers AgreementsPartnership Agreement

Also known as: Authorisation; Resolution; Company Authorisation

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How do I receive my documents once I have paid for them?

Once your order is complete, you will be granted download permission for the document. You will:

  • See download links on the order received page after you have checked out.
  • Receive an email notification which will include download links.
  • Have access to your downloads via the Downloads tab on your ‘My Account’ page when logged in to your account on this website.
What format do you provide the document in?

You’ll receive the document in Microsoft Word. A small number of our documents are only available in PDF, in which case this is stated in the document summary.

What if I don't receive the link?

The two most common reasons for people not receiving the link are : (i) The e-mail address entered into the order form was incorrect; or (ii) the e-mail was directed into your spam folder. First please check your spam folder. If it is not there, contact us.

How can I tell if the document is suitable for my requirements?

Each document is accompanied by a description. Read the description to see if it will meet your requirements. If you are still uncertain, you can Contact Us with a brief overview of what you need the document for and we will respond as soon as possible.

Can I make changes to the contracts and legal documents?

Our documents are provided in MS Word format, allowing you to adjust and alter the agreement as you require. If you do not have legal experience we do caution you to be circumspect about the extent of the changes that you make.

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