Which statement best describes a written resolution in private company practice?

• A. A resolution passed at a meeting with formal attendance.
• B. A shareholder method of voting for a shareholder resolution, sent to shareholders to sign instead of holding a meeting.
• C. A resolution passed by the board via written signatures.
• D. A resolution filed with Companies House.

Answer: (B)

Written resolutions in private company practice are decisions approved without a formal meeting by circulating the resolution to shareholders and obtaining their signatures to show consent. This method substitutes a vote at a meeting with a sign-off process, so it’s a way for shareholders to approve the resolution without gathering everyone in one place. In private companies, such resolutions typically require unanimous consent—every shareholder who would have the right to vote must sign.

That description matches the idea of a shareholder method of voting for a shareholder resolution, sent to shareholders to sign instead of holding a meeting. The other statements describe different processes: a meeting with attendance is the traditional route, a board-written resolution involves directors rather than shareholders, and filing with Companies House is about record-keeping rather than how the resolution is approved.