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A Board Resolution For Loan From Shareholder is a crucial corporate governance document used when a company operating in Qatar needs to formally approve and document a loan from one of its shareholders. This type of resolution is particularly important in the Qatari context, where related party transactions are subject to specific regulatory scrutiny under the Qatar Commercial Companies Law and QFC regulations. The document serves multiple purposes: it demonstrates proper corporate governance, provides evidence of board approval, specifies loan terms, and authorizes execution of the loan documentation. It must include specific elements required by Qatari law, such as confirmation of proper notice, quorum requirements, and detailed recording of the board's decision-making process. This resolution is typically used when companies need additional financing and prefer shareholder loans over external financing options, often due to more favorable terms or strategic considerations.

1. Title and Date: Formal title of the resolution and date of the board meeting

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

3. Meeting Details: Confirmation of proper notice, quorum, and meeting validity under the company's articles

4. Present Directors: List of directors present at the meeting and those absent

5. Chairman: Identification of the meeting's chairman

6. Background: Brief context about the need for shareholder loan and its purpose

7. Key Loan Terms: Essential terms including loan amount, interest rate, repayment terms

8. Board Considerations: Statement of the board's review and consideration of the loan terms

9. Resolution Statements: Formal 'RESOLVED' statements detailing what the board has approved

10. Authorization: Specific authorization for officers to execute loan documentation

11. Closing: Confirmation of resolution passage and signature requirements