Link writing in the Articles of Association

Aug 6th, 2022
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The Memorandum of association is the basic document which lays down how the company is to be constituted and what work it shall undertake. The Articles of association are a document which contains rules, regulations and bye-laws regarding the internal management of the company.
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.
I/WE, the undersigned whose name(s), address(es) and description(s) is/are given below, wish to form a company, in pursuance of this memorandum of association, and I/we respectively agree to take the number of share(s) in the capital of the company set opposite my/our respective name(s).
Typically, the Articles of Association outline the relationships among shareholders, the Board of Directors, and even among the Directors themselves.
Articles of association outline the rules for running, governing and owning the corporation; including the responsibilities and powers of the directors, and how much influence shareholders have over the board of directors.
Articles of Association (AOA) of a Company The AOA is subordinate to the MOA of a company and is governed by the MOA. Every company must have an AOA as it plays a vital role in defining its internal rights, workings, management and duties. The contents of AOA should be in sync with the MoA and the Companies Act, 2013.
What Do Articles of Association Include? Company Name and Registered Office. Share Capital and Shareholders Rights. Directors Powers and Duties. Shareholders Meetings and Voting Procedures. Alteration of Articles and Decision-Making Process.
Usually, your Articles of Association have to include: The company name. The purpose of the company. The organization. Shares and shareholders. Meetings. Director/s and Secretary. Accounts, audits and indemnity. Miscellaneous.

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