(1) When a resolution in writing is signed by all the directors entitled to vote on that resolution at a meeting of directors or committee of directors—
(a) the resolution is as valid as if it had been passed at a meeting of directors or a committee of directors; and
(b) the resolution satisfies all the requirements of this Act relating to meetings of directors or committees of directors.
(2) A copy of every resolution referred to in subsection (1) shall be kept with the minutes of the proceedings of the directors or committee of directors.
Liabilities of Directors