A Board Resolution For Borrowing is a crucial corporate document required when a Singapore company seeks to obtain financing or enter into credit facilities. It demonstrates that the board has properly considered and approved the borrowing in accordance with the Companies Act and corporate governance requirements. The resolution typically specifies the amount, purpose, and terms of borrowing, designates authorized signatories, and includes any security arrangements. This document is essential for establishing the company's authority to borrow and is typically required by lenders as part of their due diligence process.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Title and Date: Identification of the company and date of resolution
2. Attendance: List of directors present and confirmation of quorum
3. Chairperson: Identification of meeting chair
4. Purpose: Statement of borrowing purpose and amount
5. Resolution Details: Specific terms of borrowing and authorization
6. Authorization: Powers granted to specific officers to execute documents
1. Declaration of Interests: Required when directors have relevant interests in the borrowing arrangement
2. Security Details: Details of any security/collateral to be provided when borrowing requires security arrangements
3. Special Conditions: Any specific conditions or requirements imposed by the lender
1. Term Sheet: Key terms of the proposed facility
2. Security Documents List: List of required security documents
3. Authorized Signatories: List of persons authorized to execute documents
Relevant legal definitions
Company
Board of Directors
Directors
Borrowing
Facility
Facility Agreement
Security
Authorized Signatories
Financial Institution
Lender
Principal Amount
Interest Rate
Repayment Terms
Security Documents
Collateral
Corporate Seal
Resolution Date
Meeting
Quorum
Articles of Association
Constitution
Governing Law
Business Day
Term
Material Adverse Change
Board of Directors
Directors
Borrowing
Facility
Facility Agreement
Security
Authorized Signatories
Financial Institution
Lender
Principal Amount
Interest Rate
Repayment Terms
Security Documents
Collateral
Corporate Seal
Resolution Date
Meeting
Quorum
Articles of Association
Constitution
Governing Law
Business Day
Term
Material Adverse Change
Clauses
Purpose of Borrowing
Authority and Powers
Amount and Terms
Security and Collateral
Authorized Signatories
Execution of Documents
Bank Account Authority
Declaration of Interest
Certification
Compliance with Constitution
Corporate Powers
Financial Limits
Document Authentication
Recording and Filing
Regulatory Compliance
Board Approval
Quorum Confirmation
Meeting Details
Implementation Authority
Authority and Powers
Amount and Terms
Security and Collateral
Authorized Signatories
Execution of Documents
Bank Account Authority
Declaration of Interest
Certification
Compliance with Constitution
Corporate Powers
Financial Limits
Document Authentication
Recording and Filing
Regulatory Compliance
Board Approval
Quorum Confirmation
Meeting Details
Implementation Authority
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Special Board Resolution
A formal document recording major board decisions under Singapore company law, requiring special notice or higher voting thresholds.
find out more
Resolution To Add Signatory To Bank Account
A Singapore-law governed corporate resolution authorizing a new bank account signatory, compliant with local banking and company regulations.
find out more
Resolution For Transfer Of Shares
A Singapore corporate document authorizing and recording the transfer of shares between parties under Singapore law.
find out more
Omnibus Board Resolution
A Singapore-compliant corporate document that consolidates multiple board decisions into a single formal resolution.
find out more
Non Profit Resolution To Open Bank Account
A formal resolution under Singapore law authorizing the opening and operation of a bank account for a non-profit organization.
find out more
First Board Meeting Resolution
A formal document recording the initial decisions made by the board of directors of a newly incorporated Singapore company.
find out more
Directors Resolution For Dividends
A Singapore corporate document recording the board's formal decision to declare and pay dividends to shareholders.
find out more
Closure Of Bank Account Board Resolution
A Singaporean corporate document recording board approval for closing bank accounts, compliant with local regulations.
find out more
Change Of Directors Resolution
A formal Singapore corporate document recording changes to company directorship, required by ACRA and the Companies Act.
find out more
Board Resolution For Call On Shares
A Singapore corporate document recording the board's decision to require payment on partly paid shares.
find out more
Board Resolution For Bank Guarantee
A Singapore-compliant corporate resolution authorizing the procurement of a bank guarantee and designating authorized signatories.
find out more
Board Resolution For Appointment Of Nominee Director
A Singapore-compliant board resolution documenting the formal appointment of a nominee director to a company's board.
find out more
Board Resolution For Appointment Of Corporate Representative
A Singapore corporate document authorizing the appointment of a representative to act on behalf of the company.
find out more
Board Resolution For AGM
A formal document recording resolutions passed at a company's Annual General Meeting under Singapore law.
find out more
Board Resolution For Acquisition Of Business
A Singapore board resolution documenting directors' approval for business acquisition and authorizing its execution.
find out more
Board Resolution Change Of Registered Office
A Singapore corporate document recording the board's formal approval to change the company's registered office address.
find out more
Board Resolution Authorizing Issuance Of Shares
A Singapore corporate document recording the board's formal authorization to issue new shares in accordance with Companies Act requirements.
find out more
Board Resolution Authorized Representative
A Singapore-compliant board resolution appointing an authorized representative with specific powers to act on behalf of the company.
find out more
Board Resolution Approving Financial Statements
A Singapore corporate document recording board approval of company financial statements in compliance with Companies Act requirements.
find out more
Board Resolution Accepting Resignation Of Director
A Singapore corporate document formally recording the board's acceptance of a director's resignation.
find out more
Board Resolution To Change Registered Agent
A Singapore corporate document recording the board's formal decision to change the company's registered agent, as required by ACRA.
find out more
Board Resolution Ratifying Prior Acts
A Singapore corporate document that formally approves and validates previous company actions through board resolution.
find out more
Board Resolution For Working Capital Loan
A Singapore-compliant corporate resolution authorizing the company to obtain a working capital loan from a financial institution.
find out more
Board Resolution For Transfer Of Vehicle
A Singapore corporate document authorizing the transfer of vehicle ownership through a formal board resolution.
find out more
Board Resolution For Sale Of Shares Of Subsidiary Company
A Singapore corporate document authorizing the sale of shares in a subsidiary company through board approval.
find out more
Board Resolution For Sale Of Company Property
A Singapore-compliant corporate document recording board approval for the sale of company property and authorizing its execution.
find out more
Board Resolution For Resignation Of Company Secretary
A formal board resolution under Singapore law documenting the acceptance of a company secretary's resignation and ensuring compliance with ACRA requirements.
find out more
Board Resolution For Purchase Of Shares Of Other Company
A Singapore board resolution documenting the approval to purchase shares in another company, in compliance with local corporate laws.
find out more
Board Resolution For Private Limited Company
A formal document recording decisions made by a company's Board of Directors in Singapore, complying with the Companies Act and ACRA requirements.
find out more
Board Resolution For Opening A Branch Office
A formal board resolution authorizing the establishment of a branch office in Singapore, compliant with local regulatory requirements.
find out more
Board Resolution For Joint Venture
A Singapore-compliant board resolution authorizing the formation of a joint venture and delegating necessary powers to execute the arrangement.
find out more
Board Resolution For Increase In Paid Up Capital
A Singapore corporate document recording the board's formal decision to increase the company's paid-up capital.
find out more
Board Resolution For Increase In Authorised Share Capital
A Singapore corporate document recording the board's formal decision to increase the company's authorized share capital limit.
find out more
Board Resolution For Incorporation Of Company
A formal Singapore board resolution documenting decisions made for incorporating a new company under Singapore law.
find out more
Board Resolution For Digital Signature
A Singapore-compliant board resolution authorizing the implementation and use of digital signatures for corporate documents.
find out more
Board Resolution For Declaration Of Dividend
A Singapore corporate document recording the board's formal decision to distribute dividends to shareholders, in compliance with Companies Act requirements.
find out more
Board Resolution For Creation Of Charge
A Singapore corporate document recording board approval for creating security over company assets, complying with Companies Act requirements.
find out more
Board Resolution For Closure Of Subsidiary Company
A formal Singapore corporate document recording the board's decision to close a subsidiary company, complying with local corporate law requirements.
find out more
Board Resolution For Closure Of Business
A formal Singapore corporate document recording the board's decision to close the business and initiate the winding-up process.
find out more
Board Resolution For Change Of Financial Year
A Singapore corporate document recording the board's formal decision to change the company's financial year end date, in compliance with Companies Act requirements.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s 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)
.png)