Prepare board and shareholder papers for a share issue, buy-back or capital reduction
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Draft board resolutions, notices of meeting and a checklist of approvals from the term sheet, constitution and cap table, flagging missing consents.
- What the lawyer must review
- Confirm the correct statutory power, notice periods and any listing-rule limits
- Check related-party and disclosure steps before papers go to the board
- Written for / version
- Cth
Open a jurisdiction version of this task to see which instruments apply.
Who does what
| Role | What they do |
|---|---|
| Assistance | Potential support includes preparing preliminary structure or wording and identifying points for review. Confirm the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Calculate operative dates independently from the current rule and actual triggering event. Check exceptions and record the verified deadline.
- Verify the applicable jurisdiction and the version of each relevant law, rule or instrument in force at the material time.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.