Corporate actions: matters for decision by a company's board or its members | Practical Law

Corporate actions: matters for decision by a company's board or its members | Practical Law

This note sets out which decisions of a company may be made by its board and which decisions are required to be made by its members. This note also provides guidance on when valid decisions may be made without a meeting, whether and how members may direct a board in the exercise of its powers and the reserve power of members where a board cannot make a decision.

Corporate actions: matters for decision by a company's board or its members

Practical Law ANZ Practice Note w-007-9669 (Approx. 27 pages)

Corporate actions: matters for decision by a company's board or its members

by John K Morgan, Consultant, Allens Linklaters, with Practical Law Corporate
MaintainedAustralia, Federal
This note sets out which decisions of a company may be made by its board and which decisions are required to be made by its members. This note also provides guidance on when valid decisions may be made without a meeting, whether and how members may direct a board in the exercise of its powers and the reserve power of members where a board cannot make a decision.