Legal & Compliance
しょめん書面けつぎ決議
Written Resolution
Definition
A Written Resolution (Shomen Ketsugi) is a procedure for making resolutions in writing or electronically without physically holding a meeting. Under the Companies Act, if all shareholders entitled to vote consent in writing, it is deemed that a shareholders' meeting resolution has been passed (deemed resolution). Commonly used by small companies.
Examples
一人株主の場合、書面決議で株主総会を省略できます。
For a single-shareholder company, the shareholders' meeting can be skipped using a written resolution (書面決議).