Document background
Minutes Of Resolution documents are essential corporate governance tools used in New Zealand business operations, required under the Companies Act 1993. These documents are created whenever formal decisions need to be recorded by a company's board of directors or shareholders, such as major business decisions, changes in company structure, appointment of officers, or approval of financial statements. The Minutes of Resolution must include specific details such as the date, location (if applicable), participants, quorum confirmation, and exact wording of resolutions passed. They serve as legal evidence of corporate decisions and are frequently referenced during audits, legal proceedings, or regulatory compliance checks. In New Zealand, these documents must be maintained as part of the company's records for at least seven years and must be available for inspection by directors, shareholders, and relevant authorities.
