Some text in this preview is hidden by to prevent copying

Highlighted text indicates that you need to enter information. Our guidance notes will help you with the editing.

Ordinary Resolution - Company Loan to a Director

£5.99

This Ordinary Resolution Allowing a Company to Make a Loan to a Director shall be used in order to confer the authority to the company to make a loan to a director.

 
 
  • Professionally Drafted & Regularly Updated
  • Written in Plain English – Easy to Use & Edit
  • 100% Money Back Guarantee
  • Instant download with guidance notes

Under the Companies Act 2006 a company cannot make a loan to a director of the company or of its holding company unless the loan has been approved by Ordinary Resolution of the members of the company.

This Ordinary Resolution Allowing a Company to Make a Loan to a Director shall be used in order to confer the authority to the company to make a loan to a director.

Before the Ordinary Resolution approving the loan can be passed a memorandum stating the nature of the transaction, the amount of the loan, the purpose for which it is required and the extent of the company’s liability under any transaction connected with the loan must be made available to the members of the company. The memorandum must be made available for inspection by members of the company both at the company’s registered office for not less than 15 days ending with the date of the meeting, and at the meeting itself.

Please note that if the company makes a loan to a director of its holding company then the actual loan must also have been approved by Ordinary Resolution of the members of the holding company.

This Ordinary Resolution template is fully compliant with the provisions of the Companies Act 2006.

Check My Template Service

£59.99


If you need help with editing your Template the Check My Template Service is the solution for you.


With our Check My Template Service, a lawyer will check over your edited document to ensure the information you added is correct and the document is complete, legally binding and will achieve your goals. We will also check that your use of defined terms is correct and consistent and correct spelling mistakes, so that you can be confident that your edited document template is ready for signature.

What You Get: 

ok Icon Detailed assessment of your edited document template

ok Icon We answer all questions you might have relating to your document template

ok Icon Check that your use of defined terms is correct and consistent

ok Icon  Correct spelling mistakes

ok Icon Ensuring your document template is ready to sign


How It Works: 

 Edit your document template as fully as possible

 Send the document to us either upload it through our website or email it to info@thelegalstop.co.uk

 We will get in touch with you if we need more information

 We return your reviewed document ready to sign within 2 working days


Uploading ...

Need help with your template? Do you have questions on a template? Please get in touch!

You can use the phone number or contact form below to get in touch with us.

+44 (0) 208 870 5522

Uploading ...

Send

Can’t Find Your Template? Request It Now!

If we currently don’t have the template you need we can always draft it for you at no extra cost & 100% money back guaranteed, simply send us a no obligation request by filling in the form below.

We aim for a 7 day turnaround - you will receive an email notification when your template is ready for download from our website.

Request a Template Service

Can’t Find Your Template? Request It Now!

  • If we don’t have your template we can draft it for you
  • We aim for 7-day turnaround – you get notified when your template is ready
  • No obligation & No extra costs!

Are you human?

9 + 9 =

Please add the two numbers

Continue
This site uses cookies to improve your user experience. By using this site you agree to these cookies being set. To find out more see our Privacy Policy OK