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  1. The Board of Directors of the company has resolved that the capital be raised from 1,000,000 € to 9,000,000 €.

  2. The Board of Directors of the company has resolved that the capital shall be raised from 1,000,000 € to 9,000,000 €.

Which one is correct? Is "shall" needed as shown in the second example?

I think they might be different usages in British and American English, I ran across them very frequently. So I want to know which one is conveying the meaning better.

P.s. This structure will be used in legal context.

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Definitely "shall." Although, using it in a legal context, you should also look into the discrimination between "will" and "shall." Here's a link to another thread that discusses legal uses of those terms. Will vs Shall

  • Use of subjunctive mood (like example 1) also expresses that something is being mandated. – James May 18 '17 at 20:23

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