A Board Resolution For Membership is a crucial corporate governance document used in Nigerian business operations when companies need to formally document decisions regarding changes in membership or shareholding structure. This document type is required under the Companies and Allied Matters Act (CAMA) 2020 and must be filed with the Corporate Affairs Commission (CAC) when executing certain membership changes. The resolution is typically created during or after a board meeting where membership matters are discussed and decided upon. It serves multiple purposes, including providing evidence of proper corporate authorization, maintaining corporate records, and satisfying regulatory requirements. The document is essential for various membership actions such as admitting new shareholders, approving share transfers, accepting member resignations, or implementing changes in shareholding structure. It must contain specific details about the meeting, attendees, the resolution itself, and any relevant conditions or requirements as mandated by Nigerian corporate law.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Header Information: Company name, registration number, and date of resolution
2. Meeting Details: Date, time, location, and type of meeting (physical/virtual)
3. Attendance Record: List of directors present and absent, confirmation of quorum
4. Notice and Quorum: Confirmation that proper notice was given and quorum requirements were met
5. Background: Context and reasons for the membership resolution
6. Resolution Statement: The formal resolution text regarding the membership action
7. Voting Results: Record of how the board voted on the resolution
8. Authorization: Statement authorizing specific officers to execute necessary documents
9. Certification: Secretary/Chairman's certification of the resolution's accuracy
10. Signatures: Signature block for relevant officers
1. Special Conditions: Any specific conditions or requirements attached to the membership change
2. Share Transfer Details: Required when the resolution involves transfer of shares
3. Payment Terms: Include when the resolution involves payment for shares or membership interests
4. Regulatory Compliance: Specific section addressing compliance with regulatory requirements, if applicable
5. Foreign Investment Provisions: Required when involving foreign investors or members
6. Exit Provisions: Include when dealing with member resignation or removal
1. Share Certificate: Copy of relevant share certificates (if applicable)
2. Membership Application: Copy of the membership application or request
3. Identity Documents: Copies of identification documents of new members
4. CAC Forms: Relevant Corporate Affairs Commission forms
5. Previous Board Minutes: Extract of previous board minutes referenced in the resolution
6. Supporting Documents: Any additional documents referenced in the resolution
Authors
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Manufacturing
Technology
Real Estate
Energy
Healthcare
Telecommunications
Agriculture
Professional Services
Construction
Mining
Retail
Education
Transportation
Hospitality
Relevant Teams
Legal
Corporate Secretariat
Board Services
Compliance
Corporate Governance
Executive Office
Corporate Affairs
Regulatory Affairs
Administrative Services
Finance
Relevant Roles
Board Director
Company Secretary
Chief Executive Officer
Managing Director
Legal Counsel
Corporate Governance Officer
Compliance Officer
Chairman of the Board
Chief Legal Officer
Company Registrar
Corporate Affairs Manager
Board Relations Manager
Executive Secretary
Chief Financial Officer
Corporate Services Director
Find the exact document you need
Resolution To Add Director
A Nigerian law-compliant corporate resolution document for the formal appointment of a new director to a company's board, including statutory declarations and regulatory filing authorizations.
find out more
Board Resolution Ratification
A formal document under Nigerian law used to validate and confirm previous board resolutions, ensuring compliance with CAMA 2020 and corporate governance requirements.
find out more
Board Resolution For Takeover Of Company
A formal Nigerian corporate document evidencing board approval and authorization for a company takeover, compliant with CAMA 2020 requirements.
find out more
Board Resolution For Subscription Of Shares
A Nigerian corporate document recording board approval for new share issuance, compliant with CAMA 2020 requirements.
find out more
Board Resolution For Shifting Of Registered Office
A Nigerian corporate document recording the board's formal decision to change the company's registered office location, compliant with CAMA 2020.
find out more
Board Resolution For Removal Of Authorised Signatory
A formal Nigerian corporate document removing an individual's authority to sign documents and conduct banking transactions on behalf of a company, in compliance with CAMA 2020.
find out more
Board Resolution For Joint Venture Agreement
A Nigerian corporate document recording board approval for entering into a joint venture arrangement, including necessary authorizations and governance elements.
find out more
Board Resolution For Increase In Authorised Share Capital
A Nigerian corporate document recording the board's resolution to increase the company's authorized share capital, compliant with CAMA 2020.
find out more
Board Resolution For Conversion Of Loan Into Equity
A Nigerian law-governed board resolution document authorizing the conversion of a company loan into equity shares.
find out more
Board Resolution For Authorisation To Represent The Company
A Nigerian corporate resolution authorizing designated individuals to represent and act on behalf of the company, in compliance with CAMA 2020.
find out more
Board Resolution Approving Transaction
A Nigerian corporate document recording board approval for a specific transaction, compliant with CAMA 2020 requirements.
find out more
Board Resolution Appointment Of Auditor
A Nigerian corporate resolution documenting the board's formal appointment of an external auditor, in compliance with CAMA 2020.
find out more
Board Resolution Appointing Representative
A Nigerian corporate resolution documenting the board's appointment of a company representative and specifying their powers and authority under CAMA 2020.
find out more
Resolution For Signing Authority In Bank
A Nigerian corporate resolution that authorizes specific individuals to operate company bank accounts and conduct banking transactions under Nigerian banking laws.
find out more
Board Resolution For Incorporation Of Wholly Owned Subsidiary
A board resolution authorizing the incorporation of a wholly owned subsidiary under Nigerian law, compliant with CAMA 2020.
find out more
Board Resolution For Company Closure
A formal Nigerian board resolution documenting the decision to close a company and outline the closure process, compliant with CAMA 2020.
find out more
Resolution For Opening Bank Account Of Society
A legal resolution document under Nigerian law authorizing the opening and operation of a bank account for a registered society.
find out more
Board Resolution For Ratification Of Agreement
A formal Nigerian corporate document recording board approval and ratification of an agreement, governed by CAMA 2020.
find out more
Board Resolution For Share Purchase Agreement
A Nigerian law-governed corporate resolution documenting board approval and authorization for a share purchase agreement, in compliance with CAMA 2020.
find out more
Board Resolution For One Person Company
A formal Nigerian legal document recording decisions made by the sole director-shareholder of a one-person company under CAMA 2020.
find out more
Board Resolution For Change In Shareholding Pattern
A Nigerian corporate document recording board approval for changes in company share ownership structure, compliant with CAMA 2020 requirements.
find out more
Board Resolution For Appointment Of Legal Representative
A Nigerian board resolution document appointing a legal representative and defining their scope of authority under CAMA 2020.
find out more
Board Resolution Change Of Directors
A formal Nigerian corporate document recording board decisions regarding changes in company directorship, compliant with CAMA 2020 requirements.
find out more
Board Resolution Change Of Address
A formal Nigerian corporate document recording the board's approval to change the company's registered address, compliant with CAMA 2020.
find out more
Appointing A Director By Ordinary Resolution
A Nigerian legal document for appointing a company director through ordinary resolution under CAMA 2020.
find out more
Corporate Resolution Signing Authority
A Nigerian corporate resolution that designates authorized individuals to sign documents and enter into binding agreements on behalf of a company, in compliance with CAMA 2020.
find out more
Resolution To Add Signatory To Bank Account
A Nigerian corporate resolution authorizing the addition of a new signatory to company bank account(s), compliant with BOFIA and CAMA regulations.
find out more
Board Resolution For Call On Shares
A Nigerian corporate resolution authorizing the board to require payment of unpaid amounts on partly paid shares, compliant with CAMA 2020.
find out more
Board Resolution For Bank Guarantee
A Nigerian corporate document authorizing company representatives to obtain and execute a bank guarantee, compliant with CAMA 2020 and banking regulations.
find out more
Board Resolution For Appointment Of Corporate Representative
A Nigerian law-compliant board resolution document appointing and authorizing a corporate representative to act on behalf of the company.
find out more
Board Resolution Accepting Resignation Of Director
A Nigerian corporate resolution documenting the board's formal acceptance of a director's resignation, compliant with CAMA 2020.
find out more
Board Resolution For Transfer Of Vehicle
A Nigerian corporate document authorizing the transfer of a company-owned vehicle, compliant with CAMA 2020 and road traffic regulations.
find out more
Board Resolution For Incorporation Of Company
A formal Nigerian corporate document recording board decisions and authorizations for company incorporation, required under CAMA 2020 for CAC registration.
find out more
Board Resolution For Digital Signature
A Nigerian board resolution authorizing the implementation and use of digital signatures in company operations, compliant with CAMA 2020 and electronic transaction laws.
find out more
Board Resolution For Declaration Of Dividend
A Nigerian corporate document recording the board's formal resolution to declare and pay dividends to shareholders, in compliance with CAMA 2020.
find out more
Board Resolution For Creation Of Charge
A Nigerian corporate document authorizing the creation of a security interest over company assets, requiring board approval and CAC registration under CAMA 2020.
find out more
Appointment Of Auditor Resolution
A Nigerian corporate resolution document for the formal appointment of an external auditor in compliance with CAMA 2020.
find out more
Resolution To Change Bank Signatories
A Nigerian law-governed corporate resolution authorizing changes to company bank account signatories, specifying new signing mandates and transaction limits.
find out more
Directors Resolution
A formal document recording board decisions under Nigerian law, compliant with CAMA 2020 requirements.
find out more
Board Resolution For Sale Of Company
A Nigerian law-compliant board resolution document authorizing and approving the sale of a company, providing formal corporate approval under CAMA 2020.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)