Board Resolution for Capital Restructuring

Name: Board Resolution for Capital Restructuring
Brand: SheriaPlex
SKU: DOC-982
Price: 150 KES
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Document Overview

A Board Resolution for Capital Restructuring is a formal document passed by the Board of Directors of a company to approve changes to the company’s capital structure. This may involve altering the authorized share capital, issuing new shares, consolidating or splitting shares, converting debt to equity or changing the types of shares issued (e.g., ordinary vs. preference shares).

Content of the Resolution:
1. Title & Company Details
2. Preamble / Background ("Whereas" Clauses)
3. Resolutions (Decisions Made)
4. Signatures

Purpose:
1. Legally authorize the restructuring of capital
2. Document the Board’s approval and decision-making
3. Ensure compliance with the Companies Act, 2015 (Kenya)
4. Provide a formal record for use in carius tasks such as filing with the Registrar of Companies
5. Facilitate smoother implementation of strategic goals like: Attracting investors

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Board Resolution for Capital Restructuring

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