Correct name in the Articles of Association

Aug 6th, 2022
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How to correct name in the Articles of Association

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hello my name is Jingo Nelly and today we are going to be looking at another tutorial but before I begin off make sure you subscribe to the channel it will bring you some good luck in your forthcoming exams so looking at the contractor effect of the memorandum of that codes of Association now with this when the under section 21 of the companys actor when the memorandum magneticals are registered the company and the members so each member is to observe all the provisions of the memorandum and the articles and a member whoever need known to have signed the documents but once they become members they are deemed to have signed this the contracts and therefore they have to observe all those provisions of the memorandum and the articles and uh memorandum and uh articles from three contracts and these are we can start with uh uh it constitutes of contracts which are con like it the memorandum and the Articles constitute a contract between the company and its member still under section 21 it

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The articles of association will include a companys name, its purpose, its share capital, how it is organized, and how shareholders meetings will be conducted. This information will include the names of founders and original shareholders.
Hold a board meeting to discuss and prepare the proposed resolution, and agree to call a general meeting. Send notice of the general meeting to all eligible members at least 14 days in advance. You must also provide details of the proposed resolution, including an overview of the changes and a copy of the new articles.
The content and terms of the articles may vary by jurisdiction, but typically include provisions on the company name, its purpose, the share structure, the companys organization, and provisions concerning shareholder meetings.
To alter the Article of association of Company By giving Notice of at least 7 days. At the Board meeting, the given resolutions in respect of alteration in AOA must be passed. Get Approval to Alteration in Article of Association and recommending the proposal for members consideration by way of special resolution.
There are two ways in which a company can change its name. The first is that the shareholders (or members) pass a special resolution at a general meeting. The second is that the shareholders (or members) sign a written resolution that the name of the company should be changed to the new name.
A company may modify, delete or add any article in the following manner: Step 1: Board of Directors Meeting. Convene a meeting of the Board of Directors following Section 173 and Secretarial Standard (SS-1). Step 2: Convene General Meeting. Step 3: File Form MGT-14 with ROC. Step 4: Effect of AOA Amendment.
Changes to MOA objects clause must be filed using form MGT-14 within 30 days of the passing of Special Resolution along with the approved fees and the following attachments: Notice related to EGM. Sanctioned True copy related to Special Resolution. Changed Memorandum of Association.
Articles of association (AoA) is a legal document that outline the rules and regulations of a company or organization. These articles exist to explain the details of a companys operations and also include financial records and information about key tasks that a company aims to complete.

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