Document background
An Annual General Meeting Resolution is a fundamental corporate governance document required under Pakistani law for all registered companies. It must be prepared annually to document the proceedings and decisions made during the company's AGM, as mandated by the Companies Act 2017. The document records shareholder approval of financial statements, dividend declarations, auditor appointments, and other significant corporate matters. It serves multiple purposes: ensuring compliance with legal requirements, providing a formal record of corporate decisions, and protecting both the company and shareholders' interests. The resolution must be filed with the Securities and Exchange Commission of Pakistan (SECP) and becomes part of the company's permanent records, accessible to relevant stakeholders and regulatory authorities.
