Put in line in the Articles of Association

Aug 6th, 2022
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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.
The articles state the organizations purpose and broad strategies to accomplish its short-term and long-term goals. Generally, the articles detail a companys legal form, purpose, capital structure, governance, records, and other terms of its existence.
Articles of Association generally prescribes the relation between shareholders and Board of Directors, relation among shareholders and Directors themselves. It usually contains regulation relating to Share capital and Variation rights, Lien, Calls on Shares, Transfer and Transmission of shares etc.
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).
75.54 Objects clause The objects clause sets out the purpose of the company and defines its contractual capacity.
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.
Articles of association define what a company is and how it operates. This includes fundamental information such as the companys name, its founders and original shareholders, the purpose driving the company, how shareholders meetings are conducted, and how directors are hired.

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