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hi everyone i am ayashi from cleartax and today i will tell you about articles of association of a company an article of association that lays down the rules and regulations for the internal management of the company it specifies the duties rights and powers of the management of the company an article of association is subsidiary to the memorandum of association a memorandum of association specifies the objectives of the company whereas an article of association lays down the internal guidelines to be followed when achieving these objectives of the company an article of association brings clarity in the relationship between the shareholders and the company and among the shareholders census the article of association contains the rules regarding the share capital transfer of shares voting rights of the shareholders the appointment of directors accounts and audit of the company etc the article of association contains the rules and regulations regarding the following matters share capital
