A Board Resolution For Business Transfer Agreement is a critical corporate document required under Malaysian law when a company intends to transfer its business or substantial assets to another entity. This document is essential for compliance with the Companies Act 2016 and Malaysian corporate governance requirements, providing evidence that the board has properly considered and approved the transfer. It should be used whenever a company undertakes a business transfer, documenting the board's deliberation, approval of key terms, and authorization of specific officers to execute the agreement. The resolution typically includes details about the transfer consideration, asset scope, employee matters, and other material terms, while ensuring all corporate authorizations are properly documented for stakeholders, regulators, and future reference.
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Title and Date: Specifies the company name, type of resolution, and date of the board meeting
2. Attendance and Quorum: Lists directors present, confirms quorum requirements are met, and names the chairperson
3. Background: Explains the context and business rationale for the proposed business transfer
4. Declarations of Interest: Directors' declarations of any interests in the proposed transfer
5. Consideration of Business Transfer Agreement: Overview of the key terms and conditions of the business transfer agreement
6. Board's Deliberation: Summary of the board's discussion and consideration of the transfer's implications
7. Primary Resolutions: Core resolutions approving the business transfer and its key terms
8. Authorization: Authority granted to specific officers to execute the agreement and related documents
9. Confirmation: Confirmation that the resolution complies with the company's constitution and applicable laws
10. Signatures: Space for directors' signatures and company seal if required
1. Related Party Transaction Considerations: Required when the business transfer involves related parties, addressing arm's length considerations
2. Regulatory Compliance Statement: Needed when the transfer requires specific regulatory approvals or notifications
3. Employee Matters: Include when the transfer involves significant employee transfers or consultations
4. Financing Arrangements: Required when the transfer involves new financing or affects existing loan agreements
5. Risk Assessment: Detailed risk analysis section when required by corporate governance policies
6. Valuation Summary: Include when independent valuation was conducted for the business transfer
1. Schedule A - Business Transfer Agreement: Copy or summary of the main business transfer agreement being approved
2. Schedule B - Asset Register: Detailed list of assets included in the transfer
3. Schedule C - Financial Summary: Key financial details and consideration for the transfer
4. Schedule D - Due Diligence Summary: Summary of key findings from due diligence investigations
5. Schedule E - Transfer Timeline: Proposed timeline for completing the business transfer
6. Appendix 1 - Board Meeting Notice: Copy of the notice convening the board meeting
7. Appendix 2 - Professional Opinions: Copies of legal, financial, or other professional opinions received
Authors
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Retail
Technology
Financial Services
Healthcare
Real Estate
Hospitality
Logistics
Professional Services
Energy
Telecommunications
Construction
Agriculture
Education
Relevant Teams
Legal
Corporate Secretariat
Board of Directors
Executive Management
Finance
Compliance
Risk Management
Corporate Governance
Human Resources
Operations
Relevant Roles
Chief Executive Officer
Managing Director
Company Secretary
Chief Financial Officer
Legal Counsel
Corporate Secretary
Board Chairman
Independent Director
Executive Director
Chief Legal Officer
Chief Operating Officer
Compliance Officer
Risk Manager
Corporate Governance Officer
Find the exact document you need
Board Resolution For Tender Participation
A Malaysian corporate document authorizing company participation in tenders, including designated signatory powers and scope of authority under Malaysian law.
find out more
Board Resolution For Performance Evaluation
A Malaysian law-compliant board resolution establishing the framework and procedures for board performance evaluation processes.
find out more
Board Resolution For Giving Loan To Other Company
A Malaysian board resolution authorizing an inter-company loan, compliant with the Companies Act 2016 and financial regulations.
find out more
Board Resolution For Business Transfer Agreement
A Malaysian corporate document recording board approval for a business transfer agreement, compliant with Companies Act 2016 requirements.
find out more
Board Resolution Approving Asset Purchase Agreement
A Malaysian corporate document recording board approval for an asset purchase transaction, including authorizations and key terms under Malaysian law.
find out more
Resolution Of Bank Account Opening
A Malaysian corporate resolution authorizing the opening and operation of bank accounts, specifying authorized signatories and banking powers under Malaysian banking and corporate laws.
find out more
Resolution For Bank Account Opening For Society
A Malaysian legal document authorizing bank account opening and operations for registered societies, specifying signatories and banking mandates.
find out more
Members Resolution For Appointment Of Director
A Malaysian corporate document recording shareholders' resolution to appoint a new director, complying with the Companies Act 2016.
find out more
Board Resolution For Sale Of Immovable Property
A Malaysian corporate resolution documenting board approval for the sale of company-owned immovable property, compliant with local company and land laws.
find out more
Board Resolution For Non Operation
A Malaysian corporate document recording the board's formal decision to cease company operations, compliant with Companies Act 2016 requirements.
find out more
Board Resolution For Appointment Of Authorised Representative
A Malaysian law-compliant board resolution document appointing and empowering an authorized representative to act on behalf of a company.
find out more
Board Resolution Business Closure
A formal Malaysian legal document recording the board's resolution to cease business operations and wind up the company, compliant with the Companies Act 2016.
find out more
Board Resolution For Restructuring Of Loan
A Malaysian corporate document recording board approval for loan restructuring arrangements, compliant with local company and banking regulations.
find out more
Board Resolution For Appointment Of Director In Private Company
A formal Malaysian corporate document recording the board's resolution to appoint a new director in a private company, complying with Companies Act 2016 requirements.
find out more
Board Resolution For Renewal Of Bank Guarantee
A Malaysian law-compliant board resolution authorizing and documenting the renewal of an existing bank guarantee.
find out more
Board Resolution For Opening Of Suspense Escrow Demat Account
A Malaysian board resolution authorizing the opening and operation of a suspense escrow demat account, compliant with local corporate and securities laws.
find out more
Board Resolution For Forfeiture Of Shares
A Malaysian corporate document recording the board's resolution to forfeit shares due to non-payment of calls or installments, in compliance with the Companies Act 2016.
find out more
Board Resolution For Dormant Company
A Malaysian board resolution document declaring company dormancy status and authorizing necessary actions under Companies Act 2016.
find out more
Resolution To Add Director
A Malaysian corporate resolution document formalizing the appointment of a new director in compliance with the Companies Act 2016.
find out more
Board Resolution For Takeover Of Company
A Malaysian law-governed board resolution documenting the formal approval and terms for a company takeover, compliant with local corporate and securities regulations.
find out more
Board Resolution For Subscription Of Shares
A Malaysian corporate document recording the board's formal approval for issuing new shares and authorizing their subscription.
find out more
Board Resolution For Joint Venture Agreement
A Malaysian corporate resolution documenting board approval and authorization for entering into a joint venture agreement, in compliance with local company law.
find out more
Board Resolution Approving Transaction
A Malaysian corporate document recording board approval for a specific business transaction, compliant with the Companies Act 2016 and relevant regulations.
find out more
Board Resolution Appointing Representative
A Malaysian corporate resolution documenting the board's appointment of a company representative and defining their scope of authority.
find out more
Trust Resolution For Authorised Signatory
A Malaysian legal document that formally appoints and defines the powers of authorized signatories to act on behalf of a trust.
find out more
Board Resolution For Termination Of Agreement
A Malaysian corporate document recording the board's formal decision to terminate an existing agreement, in compliance with Malaysian company law.
find out more
Board Resolution For Funding
A Malaysian corporate resolution documenting board approval and authorization for company funding arrangements.
find out more
Company Secretary Resolution
A formal Malaysian corporate document recording official decisions and actions taken by or through the company secretary, compliant with the Companies Act 2016.
find out more
Board Resolution For Ratification Of Agreement
A Malaysian corporate document recording board approval and ratification of an agreement, complying with the Companies Act 2016 requirements.
find out more
Board Resolution For Issue Of Convertible Notes
A Malaysian corporate document recording board approval for issuing convertible notes, including terms and authorization for implementation.
find out more
Board Resolution For Satisfaction Of Charge
A Malaysian corporate document recording the board's resolution to process the satisfaction of a registered charge following debt repayment.
find out more
Board Resolution For One Person Company
A formal Malaysian legal document recording decisions made by the sole director-shareholder of a one-person company under Malaysian Companies Act 2016.
find out more
Board Resolution For Incorporation Of A Subsidiary Company
A Malaysian board resolution document authorizing and detailing the incorporation of a new subsidiary company, in compliance with the Companies Act 2016.
find out more
Board Resolution For Director Resignation
A Malaysian corporate resolution documenting the board's acceptance of a director's resignation and authorizing necessary regulatory filings with CCM.
find out more
Board Resolution Change Of Directors
A Malaysian corporate resolution documenting changes in company directorship, compliant with the Companies Act 2016.
find out more
Board Resolution Change Of Address
A Malaysian corporate document recording the board's formal decision to change the company's registered address, compliant with local company law requirements.
find out more
Appointing A Director By Ordinary Resolution
A Malaysian corporate resolution document for appointing a new director through shareholder approval under the Companies Act 2016.
find out more
Closure Of Bank Account Board Resolution
A Malaysian corporate resolution document authorizing the closure of company bank accounts, compliant with local company and banking laws.
find out more
Board Resolution For Bank Guarantee
A Malaysian corporate resolution authorizing the issuance of a bank guarantee, documenting board approval and designated signatories under Malaysian law.
find out more
Board Resolution For Acquisition Of Business
A Malaysian board resolution authorizing the acquisition of a business, compliant with the Companies Act 2016 and corporate governance requirements.
find out more
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)