¶¶Òõ¶ÌÊÓÆµ

Board Resolution For Closure Of Company Template for Qatar

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Board Resolution For Closure Of Company

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Board Resolution For Closure Of Company

"I need a Board Resolution For Closure Of Company for our Qatar-based technology consulting firm, which will voluntarily cease operations by March 2025 after successfully completing all projects and having no outstanding debts."

Document background
A Board Resolution For Closure Of Company is a critical legal document required when a company decides to cease operations in Qatar. This document is essential for initiating the formal closure process and must comply with Qatar Commercial Companies Law No. 11 of 2015 and related regulations. It is typically used when a company has decided to terminate its business activities due to various reasons such as completion of business purpose, financial difficulties, strategic decisions, or regulatory requirements. The resolution must include specific details about the closure process, appointment of authorized representatives, handling of assets and liabilities, and compliance with local regulations. It serves as the primary evidence of the board's decision and authorization for all subsequent closure actions, requiring submission to various Qatar government authorities including the Ministry of Commerce and Industry, Qatar Financial Centre (if applicable), and other relevant regulatory bodies.
Suggested Sections

1. Header and Date: Official company letterhead, date of the resolution, and meeting details

2. Title of Resolution: Clear identification as a Board Resolution for Company Closure

3. Company Details: Full legal name, registration number, and registered address of the company

4. Attendance and Quorum: List of board members present and confirmation of meeting quorum

5. Recitals: Background information explaining the reasons for closure and confirming compliance with company's articles

6. Resolution Statement: Formal declaration of the board's decision to close the company

7. Closure Process: Step-by-step outline of the approved closure procedure

8. Appointment of Authorized Representatives: Designation of individuals authorized to execute closure procedures

9. Financial Arrangements: Instructions for handling company assets, liabilities, and final accounts

10. Regulatory Compliance: Confirmation of compliance with relevant laws and regulations

11. Signature Block: Space for board members' signatures and company seal

Optional Sections

1. Special Assets Disposition: Required when company has significant or unique assets requiring specific disposal instructions

2. Employee Matters: Needed when company has employees, detailing termination and settlement procedures

3. Intellectual Property: Required when company owns patents, trademarks, or other IP requiring specific handling

4. Subsidiary Companies: Necessary when dealing with closure of parent company with subsidiaries

5. Outstanding Legal Matters: Required when there are pending legal issues or disputes

6. Special Regulatory Requirements: Needed for regulated industries requiring specific closure procedures

7. International Operations: Required for companies with foreign branches or operations

Suggested Schedules

1. Schedule A - List of Assets: Detailed inventory of company assets and their proposed disposition

2. Schedule B - Financial Statement: Current financial position including assets and liabilities

3. Schedule C - Creditor List: Complete list of creditors and payment arrangements

4. Schedule D - Employee List: List of employees and termination arrangements if applicable

5. Schedule E - Required Notifications: List of authorities and stakeholders to be notified of closure

6. Appendix 1 - Board Meeting Minutes: Minutes of the board meeting where closure was decided

7. Appendix 2 - Closure Timeline: Detailed timeline for implementation of closure procedures

8. Appendix 3 - Power of Attorney: Authorization documents for appointed representatives

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

























Clauses






























Relevant Industries

Manufacturing

Retail

Professional Services

Financial Services

Technology

Construction

Real Estate

Healthcare

Education

Hospitality

Transportation

Energy

Telecommunications

Media and Entertainment

Trading

Consulting

Relevant Teams

Legal

Finance

Board Secretariat

Corporate Governance

Compliance

Human Resources

Operations

Administration

Risk Management

Corporate Affairs

Relevant Roles

Chief Executive Officer

Managing Director

Board Chairman

Board Members

Company Secretary

Chief Financial Officer

Legal Director

Compliance Officer

Corporate Governance Officer

Finance Manager

Human Resources Director

Operations Director

Risk Manager

Administrative Manager

General Counsel

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Board Resolution For Approval Of Directors Report

A Qatari law-compliant board resolution documenting the formal approval of the company's Directors' Report by the board of directors.

find out more

Board Resolution For Closure Of Company

A formal board resolution under Qatar law authorizing and detailing the process for company closure and dissolution.

find out more

Board Resolution For Renewal Of Bank Guarantee

A Qatari law-compliant board resolution authorizing the renewal of an existing bank guarantee and designating authorized signatories for execution.

find out more

Trust Resolution For Authorised Signatory

A Qatar-law governed resolution appointing and defining the powers of an authorized signatory for a trust, compliant with local trust and financial regulations.

find out more

Authorised Signatory Board Resolution

A Qatar law-compliant board resolution document designating authorized signatories and their powers for corporate transactions.

find out more

Unanimous Board Resolution

A formal document recording unanimous decisions made by a company's board of directors, compliant with Qatari law and corporate governance requirements.

find out more

Board Resolution For One Person Company

A formal document recording decisions made by the sole shareholder-director of a One Person Company under Qatar law.

find out more

Board Resolution For Acquisition Of Business

A Qatar-law governed board resolution documenting the formal approval and authorization for acquiring another business, including transaction terms and execution authority.

find out more

Board Resolution Authorized Representative

A Qatari law-compliant board resolution appointing authorized representatives to act on behalf of the company with specified powers and authorities.

find out more

Board Resolution Approving Financial Statements

A Qatar law-compliant board resolution documenting the formal approval of company financial statements by the board of directors.

find out more

Board Resolution For Working Capital Loan

A Qatari law-compliant board resolution authorizing a company to obtain a working capital loan facility and appointing signatories for loan documentation.

find out more

Board Resolution For Increase In Paid Up Capital

A Qatari law-compliant board resolution documenting the approval and implementation plan for increasing a company's paid-up capital.

find out more

Board Resolution For Declaration Of Dividend

A formal corporate resolution under Qatar law documenting the board's decision to declare and distribute dividends to shareholders.

find out more

Appointment Of Auditor Resolution

A Qatar law-governed corporate resolution document for the formal appointment of a company's external auditor, including terms of appointment and regulatory requirements.

find out more

Company Resolution Form

A formal document under Qatar law recording corporate decisions and authorizations made by a company's governing body or shareholders.

find out more

Board Resolution For Buy Back Of Shares

A board resolution under Qatari law authorizing and detailing the terms of a company's share buyback program.

find out more

Shareholder Resolution Appointing Directors

A Qatari law-compliant shareholder resolution document for the formal appointment of company directors, requiring registration with relevant authorities.

find out more

Resolution Appointing New Board Members

A Qatar law-governed corporate resolution document for the formal appointment of new board members, complying with local commercial and corporate governance requirements.

find out more

Removal Of Director Resolution

A Qatar law-governed corporate resolution documenting the formal removal of a director from a company's board, including meeting details and voting results.

find out more

Partnership Resolution For Opening Bank Account

A Qatar-compliant partnership resolution authorizing the opening and operation of a bank account, specifying authorized signatories and their powers.

find out more

Corporate Resolution To Open Bank Account

A Qatari corporate resolution authorizing the opening of a bank account and appointing authorized signatories under Qatar law.

find out more

Company Resolution To Borrow

A Qatar-law governed corporate resolution authorizing company borrowing and specifying terms, conditions, and authorized signatories.

find out more

Board Resolution To Transfer Shares

A Qatar-law governed board resolution authorizing and documenting the transfer of company shares between specified parties, including necessary approvals and authorizations.

find out more

Board Resolution To Remove Signatory From Bank Account

A Qatari law-compliant board resolution document authorizing the removal of a signatory from company bank account(s), including necessary certifications and bank requirements.

find out more

Board Resolution To Purchase Property

Qatar-governed board resolution authorizing property purchase, detailing property specifications and purchase approval terms.

find out more

Board Resolution For Rent Agreement

A Qatari law-compliant board resolution authorizing and approving the company's entry into a specific lease agreement, including terms and signing authorities.

find out more

Board Resolution To Appoint Director

A Qatari law-compliant board resolution documenting the formal appointment of a new director to a company's board of directors.

find out more

Board Resolution For Loan From Shareholder

A Qatari corporate document recording board approval for a shareholder loan, complying with local commercial law and governance requirements.

find out more

Board Resolution For Disposal Of Assets

A Qatar-law governed board resolution documenting the formal approval and authorization for the disposal of company assets, compliant with local corporate governance requirements.

find out more

Board Resolution For Lease Agreement

A Qatari law-compliant corporate resolution documenting board approval for entering into a lease agreement, including authorization details and key terms.

find out more

Board Meeting Resolution

A formal document recording board decisions and resolutions made during official board meetings, compliant with Qatar's commercial and corporate governance laws.

find out more

Audit Committee Resolution

A formal resolution document recording Audit Committee decisions and directives under Qatar law, ensuring compliance with local regulatory requirements and corporate governance standards.

find out more

Board Resolution Document

A formal document under Qatar law recording decisions made by a company's Board of Directors, serving as official evidence of corporate authorizations and resolutions.

find out more

Board Resolution Dividend Distribution

A Qatar-law governed corporate resolution documenting the board's formal decision to distribute company profits to shareholders, including calculation and payment details.

find out more

Board Resolution Appointing Officers

A Qatar-law governed board resolution documenting the formal appointment of company officers and their delegated authorities.

find out more

Board Of Directors Resolution Form

A formal document under Qatar law recording official decisions and resolutions made by a company's board of directors during board meetings.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.