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Board Resolution for Litigation Authorization

Document Type: DOCX

Number of Pages: 3

Price: KES 150
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Summary

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 actions to be taken regarding a lawsuit or legal matter.

Key Components:
1. Company Details
2. Meeting Information
3. Background/Reason for the Resolution
4. Resolution Statements
5. Signatures

Purpose of a Board Resolution for Litigation Authorization:
1. Legal Compliance
2. Formal Approval
3. Clarity of Responsibilities
4. Financial Control
5. Risk Management

Download an editable template which you can customize to meet your requirements.

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

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