CGOV.1:4.3 - Identify the affected rights and the receiving decision

Name the participants whose rights or duties the act engages and why. An economic interest, a right to vote, a contractual consent, an information right and a duty owed by a director can belong to different parties. CGOV.2 helps distinguish shareholding, votes and control; CGOV.3 establishes the authority needed for the act.

Specify what the receiving practitioner needs next. For example, a finance team may need to know which corporation can commit to a guarantee and whose decision is necessary. That differs from estimating whether the guarantee is financially attractive or preparing the organ’s actual decision.

Return the bounded matter, the applicable basis and any unresolved condition that changes the next action. This can be a short answer in the existing working material. Record or retain sources to the extent needed to use, challenge or refresh that answer; this method adds no separate form.