Board Minutes Resolution Template​

Such a document often includes a declaration by the sole director that the previous actions and decisions were in the best interest of the company, acknowledging that they are being ratified retroactively. The ratification can apply to a range of decisions, including entering into contracts, financial decisions, and operational changes that were made without prior formal documentation.

By ratifying these decisions, the document serves to protect the director and the company by creating a clear, official record of the director's past actions, which can be useful in avoiding disputes or legal challenges. The focus of the document is on formalizing the decision-making process to align with corporate governance and provide transparency and accountability in the management of the company.