Document background
A General Meeting Resolution is a crucial corporate governance document used to formally record and validate decisions made during general meetings of corporations in Canada. This document type is essential when shareholders or members need to make important company decisions, such as appointing directors, approving financial statements, making fundamental changes to the corporation, or addressing other significant corporate matters. The resolution must comply with either federal requirements under the Canada Business Corporations Act or relevant provincial corporate legislation, depending on the jurisdiction of incorporation. It serves as both a contemporary record of decisions and a historical reference document for corporate actions, often requiring specific formatting and content to ensure legal validity and proper corporate record-keeping.
