Document background
A Shareholder Ordinary Resolution is a crucial corporate governance document used in Swiss companies to formally record decisions made by shareholders that require a simple majority approval. This document type is essential when companies need to make standard corporate decisions such as approving annual accounts, appointing directors, or declaring dividends. Under Swiss law, these resolutions must comply with the requirements set out in the Swiss Code of Obligations, including proper notice, quorum requirements, and voting thresholds. The resolution format ensures transparency and creates a legal record of shareholder decisions, which may need to be filed with the Swiss Commercial Register depending on the nature of the resolution. It serves as official evidence of corporate decision-making and is particularly important for maintaining proper corporate governance records and demonstrating compliance with legal requirements.
