- Board Resolution for Appointment of Board Chairperson
A Board Resolution for Appointment of Board Chairperson is a formal written decision made by a company’s Board of Directors to officially appoint one of its members to serve as the Chairperson.
It confirms the appointment, outlines the powers of the position, and authorizes necessary filings with...
- Board Resolution for Removal of the Board Chairperson
A Board Resolution for Removal of the Board Chairperson is a formal decision recorded in writing by the Board of Directors to remove the individual serving as the Chairperson (or Board Chair) from that role. It follows internal governance rules and legal provisions, such as Kenya’s Companies Act,...
- Board Resolution for Change of Company Structure
A Board Resolution for Change of Company Structure is a formal decision made by the Board of Directors to alter the legal form or structure of a business entity. This may include changing from a:
1. Sole proprietorship to a Private Limited Company
2. Business name to a Limited Liability...
- Board Resolution for Declaration of Company as Dormant
A Board Resolution for Declaration of a Company as Dormant is a formal document passed by the Board of Directors to officially declare that the company is not currently trading or conducting any business activity, and is temporarily inactive. It is a legal step that helps maintain the company’s...
- Board Resolution for Approval of Employee Training Programs
A Board Resolution for Approval of Employee Training Programs is a formal written decision made by the Board of Directors authorizing the development and implementation of structured training initiatives for employees.
Content of the Resolution:
1. Heading and Company Information
2. Attendance...
- Board Resolution for Approval of Contracts or Agreements
A Board Resolution for Approval of Contracts or Agreements is a formal decision made by a company’s Board of Directors to authorize the company to enter into a legally binding contract with another party.
Key Components:
1. Heading & Company Information
2. Attendance Record
3. Preamble...
- Board Resolution for Capital Restructuring
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...
- Board Resolution for Appointment of Chief Financial Officer (CFO)
A Board Resolution for the Appointment of a Chief Financial Officer (CFO) is an official document passed by the Board of Directors of a company to formally appoint an individual as the CFO. It serves as an official record of the decision and authorizes the appointed person to take up the role and...
- Board Resolution for Appointment of Chief Executive Officer (CEO)
A Board Resolution for the Appointment of a Chief Executive Officer (CEO) is a formal document that records the decision of a company’s Board of Directors to appoint a CEO. It serves as an official acknowledgment of the appointment and outlines the key responsibilities and authority granted to the...
- Board Resolution for Approval of Business Expansion
A Board Resolution for Business Expansion is an official document that records the formal approval of a company’s board of directors to expand its operations. This expansion may include entering new markets, launching new products or services, increasing production capacity, opening new branches or...
- Board Resolution for Litigation Authorization
A Board Resolution for Litigation Authorization is a formal decision made by a company’s board of directors, granting authority to initiate, defend, or settle legal proceedings on behalf of the company. It is a legally binding document that records the board’s approval and specifies the necessary...
- Board Resolution for Transfer of Shares
A Board Resolution for Transfer of Shares is a formal decision made by the board of directors of a company to approve the transfer of shares from one shareholder to another. It ensures that that the transfer is legally recognized, complies with the company's Articles of Association and is properly...
- Board Resolution for Investment Approval
A Board Resolution for Investment Approval is a formal document that records the decision of a company’s Board of Directors to approve a proposed investment. The resolution outlines the details of the investment, the amount to be invested, and the authorization granted to company executives to...
- Board Resolution for Approval of Annual Budget
A Board Resolution for Approval of Annual Budget is a formal document issued by a company’s Board of Directors to approve the proposed financial plan for the upcoming financial year. It authorizes the implementation of the budget and outlines key financial allocations, expected revenue, and...
- Board Resolution for Approval of Annual Returns Filing
A Board Resolution for Approval of Annual Returns Filing is a formal decision passed by a company's Board of Directors to authorize the submission of the company’s annual returns to the Registrar of Companies in Kenya, as required under the Companies Act, 2015.
Key Components:
1. Company...
- Board Resolution for Appointment of Company Secretary
A Board Resolution for Appointment of a Company Secretary is a formal written decision passed by the Board of Directors of a company to appoint a qualified Company Secretary in accordance with the Companies Act, 2015 (Kenya).
In Kenya, a Company Secretary is mandatory for public companies and...
- Minutes of Board Meeting Template
Minutes of a board meeting are a formal, written record of the discussions and decisions taken during a meeting of a company’s board of directors. They serve as an official account of the meeting.
Content:
1. Header Information: Company Name, Meeting Date, Time and Venue
2. Call to Order
3....
- Sample Board Resolution for Issuance of New Shares in Kenya
A Board Resolution for the Issuance of New Shares is a formal decision made by the board of directors of a company to approve the issuance of new shares. It is typically done to raise additional capital, expand the business even fulfill other corporate objectives.
It contains the following key...
- Board Resolution for Declaration of Dividends
The Board Resolution for Declaration of Dividends is a formal document issued by the board of directors of a company whi h outlines the decision to distribute a portion of the company’s earnings to shareholders in the form of dividends.
Content:
1. Title of the Resolution
2. Date of the...
- Board Resolution for Amendment of Articles of Association
Document Overview:
A Board Resolution for Amendment of Articles of Association is a formal document that records the decision of a company's board of directors to make changes to the Articles of Association, which outline the internal regulations and governance of the company.
Typically...
- Board Resolution for Approval of Company Borrowing
The Board Resolution for Approval of Company Borrowing is a formal document that authorizes a company to engage in borrowing activities, such as securing loans or credit facilities.
Typically contains the following information
1. Title of the Resolution
2. Date of the Meeting
3. Attendance...
- Board Resolution For Approval of Financial Statements
The Board Resolution for Approval of Financial Statements is a formal document used by a company's board of directors to officially approve the financial statements for a specific accounting period.
It may contain the following information
1. Title of the Resolution
2. Date and time of the...
- Board Resolution for Removal of Auditor
The Board Resolution for the Removal of an Auditor is a formal document outlining the decision made by the board of directors of a company to terminate the services of an appointed auditor.
It contains the following information:
1. Company Information:
Company Name
Company Registration...
- Board Resolution to Change Bank Signatory in Kenya
The Board Resolution to Change Bank Signatory is a formal document adopted by a company's board of directors to authoritatively amend the list of individuals authorized to operate the company’s bank accounts.
It typically contains the following information:
1. Title of the Resolution
2. Date...
- Sample Board Resolution for Sale of Company Property
The Board Resolution for Sale of Company Property is a formal document that outlines the decision made by the board of directors to sell a specific property owned by the company. Download editable template on Sheriaplex.
Some of the details contained in a board resolution for sale of company...
- Board Resolution for Appointment of Auditor
A Board Resolution for the Appointment of an Auditor is a formal document used by a company’s board of directors to officially appoint an external auditor to review and audit the company’s financial records. Download a fully editable template here on sheriaplex.
- Board Resolution for Resignation of Company Director
The Board Resolution for Resignation of Company Director is a formal document that records the decision made by the board of directors regarding the resignation of a director from the company.
It contains the following information:
1. Title of the Resolution
2. Date of Meeting
3. Names...
- Board Resolution for Removal of Company Director
The Board Resolution for Removal of a Company Director is a formal document that outlines the decision made by the board of directors to remove a specific director from their position within the company.
It may contain the following information:
1. Title of the Document
2. Date of the...
- Board Resolution for Appointment of Company Director
Board Resolution for Appointment of Company Director is a formal legal document used by a company’s board of directors to record their decision to appoint a new director.
It typically contains the following information:
1. The name of the company.
2. The date and location of the board meeting...
- Board Resolution for Change of Company Address
The Board Resolution for Change of Company Address is a formal document that records the decision made by the board of directors to change the registered address of the company.
It contains the following information:
1. Title of the Resolution
2. Date of the Meeting
3. Location of the...