Hide Circle from the Articles Of Association and eSign it in minutes

Aug 6th, 2022
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How to Hide Circle from the Articles Of Association

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in this lesson what were going to do is talk about one of the main aspects of company formation the process of incorporation and that is the articles of association for a company so specifically were going to talk about a number of the things that what makes an articles of association what the actual purpose of the articles association are look more broadly at the wider constitution of a company and then look at the kinds of ways in which the articles of association differ from an ordinary contractual obligation an ordinary contractual agreement so the articles of association just like as weve already mentioned before the company when we want to have a company and register a company we have to go through a process of incorporation and this means that a company has to have a constitution and when were talking about companies of constitutions the main aspect of the company constitution is the articles of association now this doesnt mean that every single um aspect of the company con

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Company can alter its Article by way of addition, deletion, modification, substitution, or in any other way, only if it wants. 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.
168Resolution to remove director (1)A company may by ordinary resolution at a meeting remove a director before the expiration of his period of office, notwithstanding anything in any agreement between it and him.
As per Section 168 of the Companies Act,2013 , a director may resign from his office by giving a due notice to the company and the board shall take note of it and intimate the same to the Register of companies. The Board shall also place the fact of such resignation in the next meeting.
Articles of association form a document that specifies the regulations for a companys operations and defines the companys purpose. The document lays out how tasks are to be accomplished within the organization, including the process for appointing directors and the handling of financial records.
If the director is not prepared to resign from their office voluntarily, section 168 of the Companies Act 2006 (the Act) allows shareholders holding more than 50% of the voting rights to resolve to remove them at a general meeting.
Section 169 of the Companies Act of 2013 stated: A company may eliminate a director who is not a director appointed by the Tribunal under Section 242 by ordinary resolution before the expiry of his term of office after giving him a reasonable opportunity to be heard.
1. On receipt of the resignation letter, the company shall hold a meeting of the Board or pass Board circulation to take note of the resignation letter given by the director of the company and to authorise CS or CFO or any director of the company to file requisite form with ROC.
Issue not less than 7 days notice and agenda of Board meeting, or a shorter notice in case of urgent business, in writing to every director of the company at his address registered with the company and call a Board Meeting to consider the proposal of alteration of articles of association of a company . (Section 173(3).

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