A Board Resolution For Joint Venture is a crucial corporate governance document required when a company intends to enter into a joint venture arrangement with another entity in South Africa. This document serves as official evidence that the board of directors has properly considered, approved, and authorized the joint venture in accordance with the Companies Act 71 of 2008 and other relevant legislation. It should be used whenever a company plans to form a joint venture and needs to document the board's formal approval. The resolution typically includes details about the proposed venture, consideration of B-BBEE requirements, risk assessments, and specific authorizations for executing the joint venture agreement. It forms part of the company's corporate records and may be required by regulatory authorities, banks, or other stakeholders as evidence of proper corporate authorization.
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: Formal title of the resolution and date of the meeting
2. Present and Quorum: List of directors present and confirmation of meeting quorum requirements
3. Chairperson: Identification of the chairperson of the meeting
4. Background: Context of the proposed joint venture, including business rationale and strategic objectives
5. Consideration of Documents: List of documents and agreements reviewed by the board in relation to the joint venture
6. Declarations of Interest: Directors' declarations of any personal interests in the matter
7. Resolution Details: The specific decisions being made regarding the joint venture, including approval of the structure and key terms
8. Authority: Authorization for specific individuals to execute documents and take necessary actions
9. Certification: Formal certification of the resolution by the chairperson or company secretary
1. B-BBEE Considerations: Specific considerations and approvals related to B-BBEE compliance, used when the joint venture affects the company's B-BBEE status
2. Competition Law Compliance: Specific mentions of competition law considerations, used when the joint venture requires competition authority approval
3. Risk Assessment: Detailed assessment of identified risks and mitigation measures, used for more complex or high-value joint ventures
4. Financial Considerations: Specific financial implications and funding arrangements, used when the joint venture involves significant financial commitments
5. Conditions Precedent: List of conditions that must be met before the joint venture can proceed, used when there are specific requirements to be fulfilled
1. Joint Venture Agreement: Copy or summary of the main joint venture agreement being approved
2. Board Pack: Supporting documents presented to the board for consideration
3. Financial Projections: Financial forecasts and business plan for the joint venture
4. Legal Due Diligence Report: Summary of legal due diligence findings
5. Shareholder Approval: If required, evidence of shareholder approval or waiver
6. Directors' Attendance Register: Signed attendance record of the meeting
Relevant legal definitions
Board
Company
Companies Act
Joint Venture
JV Partner
JV Agreement
Effective Date
Business Day
MOI
Directors
Quorum
Chairperson
Meeting
Resolution
Authorized Signatories
B-BBEE
Material Interest
Related Party
Subsidiary
Competition Act
Transaction Documents
Conditions Precedent
Implementation Date
Designated Representatives
Company Secretary
Company
Companies Act
Joint Venture
JV Partner
JV Agreement
Effective Date
Business Day
MOI
Directors
Quorum
Chairperson
Meeting
Resolution
Authorized Signatories
B-BBEE
Material Interest
Related Party
Subsidiary
Competition Act
Transaction Documents
Conditions Precedent
Implementation Date
Designated Representatives
Company Secretary
Clauses
Recitals
Meeting Details
Quorum Confirmation
Declaration of Interests
Consideration of Documents
B-BBEE Compliance
Competition Law Compliance
Risk Assessment
Financial Commitments
Authority and Powers
Transaction Approval
Delegation of Authority
Execution of Documents
Conditions Precedent
Regulatory Compliance
Implementation Authority
Certification
Meeting Details
Quorum Confirmation
Declaration of Interests
Consideration of Documents
B-BBEE Compliance
Competition Law Compliance
Risk Assessment
Financial Commitments
Authority and Powers
Transaction Approval
Delegation of Authority
Execution of Documents
Conditions Precedent
Regulatory Compliance
Implementation Authority
Certification
Relevant Industries
Mining and Resources
Manufacturing
Financial Services
Technology
Real Estate
Infrastructure
Retail
Agriculture
Energy
Healthcare
Telecommunications
Transportation and Logistics
Relevant Teams
Legal
Corporate Governance
Executive Committee
Board Secretariat
Compliance
Corporate Affairs
Risk Management
Finance
Strategy
Relevant Roles
Chief Executive Officer
Company Secretary
Corporate Governance Officer
Legal Director
Chief Financial Officer
Managing Director
Board Chairman
Non-Executive Director
Executive Director
Chief Legal Officer
Chief Operating Officer
Corporate Affairs Director
Compliance Officer
Find the exact document you need
Resolution To Open Bank Account
A South African corporate resolution authorizing the opening and operation of a bank account, designating signatories and banking powers.
find out more
Authorised Signatory Resolution
A South African corporate resolution document that officially appoints and defines the powers of authorized signatories for a company.
find out more
Board Resolution For Increase In Salary Of Director
A South African board resolution document that formally approves and records a director's salary increase in compliance with local company law.
find out more
Board Resolution For Tender Participation
A South African corporate governance document authorizing company participation in tender processes and delegating related powers to specified individuals.
find out more
Board Resolution For Giving Loan To Other Company
A formal board resolution under South African law authorizing an inter-company loan, including loan terms and statutory compliance confirmations.
find out more
Board Resolution For Appointment Of Director In Private Company
A South African law-compliant board resolution document that formally records the appointment of a new director to a private company's board.
find out more
Board Resolution For Applying Loan From Bank
A South African corporate resolution authorizing the company to apply for and obtain a bank loan, including specific approvals and authorizations required under local law.
find out more
Board Resolution For Forfeiture Of Shares
A South African board resolution document authorizing the forfeiture of shares from a defaulting shareholder, in compliance with the Companies Act 71 of 2008.
find out more
Board Resolution For Dormant Company
A South African board resolution document confirming and recording a company's dormant status under the Companies Act.
find out more
Special Resolution For Taking Loan
A South African company document recording shareholders' special resolution to approve and authorize a significant loan transaction, required under the Companies Act 71 of 2008.
find out more
Resolution For Appointment Of New Trustee
A South African legal document recording the formal appointment of a new trustee to an existing trust, requiring Master of High Court approval.
find out more
Board Resolution For Subscription Of Shares
A South African board resolution document authorizing and approving the issuance of new shares to specified subscribers.
find out more
Special Resolution Of Directors
A formal South African corporate document recording major board decisions requiring special resolution status under the Companies Act 71 of 2008.
find out more
Board Resolution For Funding
A South African corporate document recording board approval for company funding arrangements, compliant with the Companies Act and corporate governance requirements.
find out more
Board Resolution For Change In Shareholding Pattern
A South African board resolution document that formally approves and records changes in company shareholding structure, compliant with Companies Act requirements.
find out more
Board Resolution For Appointment Of Legal Representative
A South African corporate document recording the board's formal resolution to appoint a legal representative with specified powers to act on behalf of the company.
find out more
Board Resolution Change Of Directors
A South African board resolution documenting changes in company directorship, compliant with Companies Act 71 of 2008 and CIPC requirements.
find out more
Board Resolution Change Of Address
A South African board resolution document that formally approves and records a change in a company's registered address, complying with Companies Act requirements.
find out more
Directors Resolution For Dividends
A South African corporate resolution documenting the board's decision to declare dividends, including payment details and statutory compliance confirmations.
find out more
Change Of Directors Resolution
A South African corporate resolution document that formally records and implements changes to a company's board of directors, in compliance with the Companies Act.
find out more
Board Resolution For Private Limited Company
A formal document under South African law recording decisions made by a private company's board of directors during an official board meeting.
find out more
Board Resolution For Joint Venture
A formal board resolution under South African law documenting the board's approval and authorization of a joint venture arrangement, including key terms and delegated authorities.
find out more
Board Resolution For Declaration Of Dividend
A South African corporate resolution documenting the board's decision to declare and pay dividends to shareholders, ensuring compliance with Companies Act requirements.
find out more
Board Resolution For Closure Of Business
A South African corporate resolution document recording the board's formal decision to close business operations, including implementation plans and compliance requirements.
find out more
Appointment Of Auditor Resolution
A South African corporate resolution document that formally appoints an external auditor in compliance with the Companies Act and relevant regulations.
find out more
Resolution To Appoint A Director
A formal corporate resolution under South African law documenting the appointment of a new director to a company's board of directors.
find out more
Board Resolution For Sale Of Company
A South African corporate resolution documenting board approval and authorization for the sale of a company, in compliance with the Companies Act 71 of 2008.
find out more
Board Resolution For Partnership
A South African corporate governance document recording board decisions and authorizations regarding partnership arrangements, compliant with local company law.
find out more
Board Resolution For Issue Of Shares
A South African corporate document recording the board's formal decision to issue new shares, complying with Companies Act 71 of 2008 requirements.
find out more
Board Resolution For Dissolution Of Committee
A South African corporate resolution documenting the board's decision to dissolve a committee, in compliance with the Companies Act and corporate governance requirements.
find out more
Board Resolution For Buy Back Of Shares
A South African board resolution authorizing a company's repurchase of its own shares, complying with Companies Act requirements and corporate governance standards.
find out more
Board Resolution For Approval Of Annual Budget
A South African board resolution document for formal approval of a company's annual budget, compliant with local corporate law and governance requirements.
find out more
Board Resolution For Appointment Of Compliance Officer
A South African board resolution document formalizing the appointment of a Compliance Officer and defining their role and responsibilities.
find out more
Board Resolution For Acquisition Of Shares
A South African corporate document recording the board's formal authorization for a share acquisition, compliant with the Companies Act 71 of 2008.
find out more
Board Resolution Approving Sale Of Shares
A South African corporate document recording board approval for the transfer of company shares, compliant with Companies Act 71 of 2008.
find out more
Board Resolution Appointing Corporate Secretary
A South African board resolution document formalizing the appointment of a Company Secretary in accordance with the Companies Act 71 of 2008.
find out more
Allotment Of Shares Board Resolution
A formal board resolution under South African law documenting the approval and terms of new share issuance to specified recipients.
find out more
Unanimous Resolution Of The Board
A South African board resolution document recording unanimous decisions made by all company directors under the Companies Act 71 of 2008.
find out more
Resolution To Open Bank Account For Association
A South African legal document authorizing the opening and operation of a bank account for an association, specifying account parameters and authorized signatories.
find out more
Resolution Appointing New Board Members
A South African corporate resolution document recording the formal appointment of new directors to a company's board, in compliance with the Companies Act 71 of 2008.
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)