Set drawing in the Articles of Association effortlessly

Aug 6th, 2022
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How to Set drawing in the Articles of Association

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Welcome to College Tutor HELLO All So today we are going to start with our next topic of company law In last video, we have covered Memorandum of Association (MOA) and today we are going to study Article of Association or AOA The way we studied MOA, like we started with definition then after the definition we understood the meaning of MOA(Memorandum of Association) and then the contents we will follow the same way today for Article of Association (AOA) we will start with definition of AOA as per Company Act 2013 then with the help of a simple definition we will try to understand the meaning of article of association and at last we will discuss the contents of Article of Association (AOA) So now lets start with definition of Article of Association as per Company Act 2013 Company Act 2013 states that Articles means the articles of association of a company as originally formed or as altered from time to time in persuance of the previous companies law or of this act Its nearly impo

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A memorandum of association contains a name clause, registered office clause, object (or objective clause), objects clause, liability clause, capital clause, and association clause. An MOA is a type of legal paper that is prepared when forming and registering a limited liability company (LLC).
While every state handles the process a bit differently, there are six basic steps you should keep in mind. Step 1: Choose a business name. ... Step 2: Pick a location. Step 3: Decide on a corporate entity. ... Step 4: Obtain a tax ID number. ... Step 5: Manage the money. ... Step 6: State finalization and securing permits and licenses.
Articles of incorporation generally contain pertinent information such as the firm's name, street address, agent for service of process, and the amount and type of stock to be issued. The articles of incorporation are used to legally form the corporation.
Common Components of the Articles of Association Company name and form of business. Purpose of the company. Capital structure. Corporate governance.
A special resolution, with a 75% majority, has to be passed by the Board to give effect to any alteration of the articles.
An “incorporator” is a person who signs the articles of incorporation and ensures that they get filed. The incorporator can be anyone—he or she doesn't have to be an officer, director, or shareholder of the corporation. A corporation can have more than one incorporator. The incorporators' signatures.
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 company's operations and also include financial records and information about key tasks that a company aims to complete.
Common Components of the Articles of Association Company name and form of business. Purpose of the company. Capital structure. Corporate governance.
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).
Common Components of the Articles of Association Company name and form of business. Purpose of the company. Capital structure. Corporate governance. Administration of corporate records.

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