Why Board Meetings Need Board Packs
Answer two questions about company board meetings in one BLOG post!
Why Have Board Meetings?
Directors of companies convene board meeting in order to pass resolutions that govern and manage the affairs of the company.
The Companies Act sets out a series of requirements that regulate the constitution of board meetings.
Why Are Board Packs Necessary?
Directors are expected to have a good understanding about the items tabled for discussion at a board meeting. This understanding is crucial to a director’s ability to make credible decisions relating to the items tabled for discussion.
Read the full answers and find out more about the fiduciary responsibilities of company directors on the BoardCloud BLOG - click here.