Board Resolution to Commence Litigation

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

BOARD RESOLUTION TO COMMENCE LITIGATION

At a duly convened meeting of the Board of Directors of {{company_name}} (hereinafter referred to as "the Company") held on {{date_of_meeting}} at {{time_of_meeting}} at {{location_of_meeting}}, the following resolution was considered and adopted:

Preamble and Background

WHEREAS, a dispute has arisen between the Company and {{respondent_name}} of {{respondent_address}} (hereinafter referred to as "the Respondent") regarding {{brief_description_of_dispute}}.

WHEREAS, the Board has exhaustively explored alternative dispute resolution mechanisms, including {{details_of_ADR_attempts}}, with the Respondent, but these efforts have proven unsuccessful in resolving the matter.

WHEREAS, the Board is of the opinion that the Company's interests can best be protected and advanced by instituting legal proceedings against the Respondent.

Resolution to Institute Legal Proceedings

IT IS HEREBY RESOLVED THAT:

1. The Company shall, with immediate effect, commence legal proceedings against {{respondent_name}} for {{nature_of_claim_e.g._breach_of_contract_recovery_of_debt}}.

2. The Company Secretary or a duly authorised director is hereby instructed to engage legal counsel, namely {{law_firm_name}} from {{law_firm_address}}, to represent the Company in this matter.

3. The appointed legal counsel shall be authorised to take all necessary steps, including drafting and filing pleadings, attending court hearings, and negotiating settlements, as they deem appropriate to achieve the Company's objectives.

4. The estimated costs associated with this litigation are approximately {{estimated_legal_costs}} and are hereby approved. Any expenditure exceeding this amount shall require further board approval.

5. The Board hereby explicitly authorises {{authorised_officer_name}} ({{authorised_officer_title}}) to sign all necessary documents, affidavits, and correspondence pertaining to the aforementioned legal proceedings on behalf of the Company.

Confirmation of Authority

This Resolution is made in accordance with the Company's Memorandum of Incorporation and all applicable laws and regulations in force within the Southern African jurisdiction.

Certification

Certified to be a true and correct copy of a resolution duly passed by the Board of Directors of {{company_name}} on the date first above written.

Signature Block

_____________________________

{{director_1_name}}

Director

_____________________________

{{director_2_name}}

Director

Date: {{date}}