Minute the decision
Good minutes show the decision, information considered, conflicts, quorum, statutory or constitutional basis, and filing action required after approval.
Guide
Companies Act director duties checklist
A short operating checklist for board decisions, conflicts, approvals, and Companies Act 2006 duties.
Watch conflicts and solvency
Directors should consider duties under sections 171 to 177, especially conflicts, success of the company, independent judgment, and care, skill, and diligence.
Use a board pack
Generate a board pack for routine approvals and run Corporate Review on unusual or high-value actions.