We need a board decision urgently and haven’t time to call a meeting – can we all agree without holding a meeting?
If the company’s articles allow, directors can take decisions without meeting, provided every single director who would have been entitled to attend and vote on a decision if a meeting had been held indicates agreement to it. The wording used in modern articles is often that all directors must “indicate to each other by any means that they share a common view on a matter”. In practice, this usually means that they each sign an identical written resolution in lieu of a meeting. Written resolutions take effect once the last director indicates their agreement.
