Section 338 Board Resolution To Consider Notice Of Resolution Requisitioned By Members

The board of directors considers a requisition from the company's members in accordance with section 338 of the Companies Act 2006. This is a sample resolution that the board can approve in order to respond to a notice of resolution requisitioned by members of a public company in accordance with section 338 of the Companies Act 2006.

• The requisition must be validly requisitioned in accordance with section 338 of the Companies Act 2006

• The requisition must be received by the company no later than the end of the period of 21 days beginning with the day on which the requisition is first validly requisitioned

• The requisition must be signed by the requisitionists and must state the names, addresses and descriptions of the requisitionists

• The requisition must state the text of the resolution proposed to be passed at the meeting