Director’s Resolution

What is Director’s Resolution?

A formal written decision made by the board of directors authorising a specific action.

Think of it like this…

A signed instruction from the board that allows management to proceed.

Why does it matter?

Provides legal authority for key actions (e.g., bank accounts, contracts)
Creates an audit trail for governance
Often required by banks and counterparties

Best practice

Keep a resolutions register with dates, signatories, and supporting documents.