Section 270 of The Companies Act No. 17 of 2015: Procedure for signifying agreement to written resolution

    

(1) A member signifies agreement to a proposed written resolution when the company receives from that member, or from someone acting on the members’ behalf, an authenticated document—
(a) identifying the resolution to which the agreement or the document relates; and
(b) indicating agreement to the resolution.
(2) To be effective, the authenticated document is to be delivered or sent to the company in hard copy form or in electronic form.
(3) The agreement of a member to a written resolution may not be revoked after it has been signified.
(4) A written resolution is passed when the required majority of eligible members have signified their agreement to the written resolution.


Disclaimer: This document is not to be taken as legal advise.

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