Who can make company resolutions in Singapore?
Can director make resolutions in Singapore?
Can shareholders make resolutions in Singapore?
Can sole shareholder make resolutions in Singapore?
Can sole director make resolutions in Singapore?
Company resolutions can be passed by two (2) groups of people:
- Shareholders
- Board of directors
Shareholder resolution: When shareholders make a formal decision, it is known as a shareholder resolution.
Directors resolution: When the board of directors makes a formal decision, it is known as a board resolution.
Sole shareholder cum director: In a company which has only one shareholder, a resolution is passed by the shareholder recording the resolution and signing the record.