Publisher one

Genie AI

Jurisdiction

England and Wales

Contract party

Relevant sectors

Type of legal document

📑 Members' requisition

Why use a 📑 Members' requisition?

A member's requisition is a formal request made by a member of parliament to the Speaker of the House of Commons for the issue of a writ for a by-election. The Speaker must issue the writ within 21 days of the requisition being made. A requisition must be signed by at least two members of parliament.

This legal template, titled "Section 292 Members' Requisition For Circulation Of Proposed Written Resolution under UK law," pertains to the provisions defined in Section 292 of the UK Companies Act. It outlines the process by which members of a company can exercise their right to submit a written resolution for circulation among the company's members.

In accordance with UK law, this template specifies the requisition requirements and procedures that members must follow to ensure the proposed resolution reaches all members for consideration. It may include sections such as the requisition's content, submission, and delivery methods, as well as the timeframes and deadlines associated with circulation and response from the company. The template could also provide information on how the process aligns with other legal obligations and any potential consequences or recourse available to members or the company for non-compliance.

The purpose of this template is to offer a standardized and legally sound framework for members wishing to initiate a written resolution in compliance with Section 292 of the UK Companies Act. By utilizing this template, members can navigate the requisition process efficiently, ensuring transparency and fairness in decision-making within their company.

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