Document background
The Board of Directors Resolution Form is a crucial corporate governance document used in Hong Kong to document and formalize decisions made by a company's board of directors. This document is required under the Hong Kong Companies Ordinance (Cap. 622) and must be maintained as part of the company's corporate records. The resolution form is used for various purposes, including but not limited to approving financial statements, authorizing significant transactions, appointing officers, declaring dividends, or making changes to company policies. It serves as legal evidence of the board's decisions and can be required by banks, regulatory authorities, or other third parties as proof of corporate authorization. The document must include specific details about the meeting, the decision-making process, and be properly executed according to Hong Kong law and the company's articles of association.
