Document background
The Members Written Resolution is a fundamental corporate governance tool in Malaysia, established under the Companies Act 2016. This document type is specifically designed for situations where companies need to make formal decisions without convening a physical general meeting. It's particularly useful for private companies seeking efficient decision-making processes, especially for routine matters or when gathering all members physically is impractical. The resolution must be circulated to all eligible members and requires proper documentation of member approval. Common uses include adopting financial statements, appointing directors, approving major transactions, or amending company constitutions. The document must comply with Malaysian corporate law requirements, including proper circulation procedures, voting thresholds, and record-keeping obligations.
