Directors' Resolution Approving Transfer of Shares (Circulating Resolution)

This Directors' Resolution allows the board to approve a single transfer, or multiple transfers, of shares.

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Last updated October 24, 2025

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Directors' Resolution Approving Transfer of Shares (Circulating Resolution)

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What is a directors' resolution approving transfer of shares (circulating resolution)?

It is a formal decision made by a company's board of directors, without a physical meeting, to approve the transfer of shares from one shareholder to another.
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When should you use a directors' resolution approving transfer of shares (circulating resolution)?

Use this document when the board needs to formally approve a share transfer, and you want to obtain all directors' signatures without holding a meeting.
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What should be in a directors' resolution approving transfer of shares (circulating resolution)?

It should state the approval of the share transfer, identify the parties and shares involved, and be signed by every company director to be valid.
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Frequently asked questions

What is a directors' resolution approving transfer of shares (circulating resolution)?

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What should be in a directors' resolution approving transfer of shares (circulating resolution)?

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View Sample Directors' Resolution Approving Transfer of Shares (Circulating Resolution)

Directors' Resolution Approving Transfer of Shares (Circulating Resolution)
risk level indicator at Medium level

The Legal Risk Score of a Directors' Resolution Approving Transfer of Shares (Circulating Resolution) Template is Medium

Our legal team have marked this document as medium risk considering:

  • The fact that companies may need to tailor it to suit their internal procedures and constitution.
  • The regulatory requirements that must be carried out after executing this document to ensure it is effective and avoid ASIC penalties.


Articles about Directors' Resolution Approving Transfer of Shares (Circulating Resolution)

Disposing Of Shares - An Explainer For Shareholders
By Alistair Maclennan|Jul 14, 2020

Disposing Of Shares - An Explainer For Shareholders

Disposing of shares can occur through share sales or transfers, but the process differs between public and private companies. Find out more here.

Company Constitution or Replaceable Rules: The Differences
By Ilyas Omari|May 23, 2024

Company Constitution or Replaceable Rules: The Differences

A company's internal affairs can be managed under both a company constitution and replaceable rules. Learn which is better here.

Ordinary vs Special Resolution: Key Differences
By Vincent Appleton|Nov 28, 2025

Ordinary vs Special Resolution: Key Differences

Are you looking to pass a company resolution? Do you know the difference between an ordinary and special resolution? Read on to find out more.

A Guide to in-specie Transfers
By Berk Eker|Nov 11, 2020

A Guide to in-specie Transfers

Sometimes it's better to transfer assets as they are, instead of their cash value. Find out how this is possible with in-specie transfers.

Everything Company Directors Should Know About Liabilities
By Angela Omari|Nov 26, 2025

Everything Company Directors Should Know About Liabilities

Liabilities of directors can take many forms. What if you could avoid being personally liable when things go wrong? Find out all the details.

2026 Legal Updates for Small Businesses in Australia
By Angela Omari|Nov 21, 2025

2026 Legal Updates for Small Businesses in Australia

Every year there are new laws. Understand the new legal changes that apply to your small business in 2022 before the busy year begins.

What Is A Company Resolution?
By Joshua Cutrone|Sep 17, 2019

What Is A Company Resolution?

Just selected a new board? Need to learn how to pass a resolution? Read on to learn more about the importance of resolutions in corporate governance.

What is a Shadow Director?
By Jackie Olling|Oct 10, 2018

What is a Shadow Director?

The concept of a Shadow Director sounds ambiguous, but as it turns out, the obligations are pretty clear-cut. Read this article to find out what they are.

Can Shareholders Remove a Director From a Company?
By Samuel Guzman|Jun 22, 2020

Can Shareholders Remove a Director From a Company?

The rules governing the process on how shareholders can remove a director from a company will depend on several considerations. Find out more here.

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