Canada:
Startup Board Meeting FAQ: A Discussion And Guide On Questions Founders Will Want To Consider
13 November 2020
Torys LLP
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What are some of the best practices to help you prepare for a
board meeting so you can leverage the board's expertise and
knowledge in a productive manner?
In their latest video, Torys' Emerging Companies and Venture
Capital group discusses key things companies governed by the Canada
Business Corporations Act will want to consider, including:
- the role of the board in positioning
the company to succeed;
- who should attend board meetings and
how seats should be allocated;
- when board meetings should be
scheduled;
- how disagreements from directors
should be handled and documented; and
- what sensitive information should be
discussed during a board meeting.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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