Wipe date in the Articles of Association

Aug 6th, 2022
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welcome to academic game tutorials in this video we will look into the differences between memorandum of association and articles of association the memorandum of association and articles of association are the two charter documents for the setting up of the company and its operations the memorandum of association which is abbreviated as moa is the root document of the company which contains all the basic details about the company on the other hand articles of association shortly known as aoa is a document containing all the rules and regulations designed by the company so lets look into the basic differences between memorandum of association and articles of association in a tabular form difference number one memorandum of association is a document that contains all the fundamental information which are required for the incorporation of the company whereas articles of association is a document containing all the rules and regulations that governs the company number two memorandum of a

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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.
You can file Articles of Amendment online if you received a company key giving you authority over the corporation (see Notice Company Key). You can file directly with the Ministry of Government and Consumer Services (Ministry) through ServiceOntario at our website .ontario.ca/businessregistry.
Passing a written resolution The quickest and easiest way to change the articles of association is by written resolution. This is the preferred option for many companies, because it removes the need to arrange and attend a general meeting, which is not always convenient or practical in every situation.
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.
The Articles of Association may be changed by the shareholders passing a special resolution in a general meeting or by written resolution. A copy of the resolution and the new articles of association must be sent to Companies House within 15 days.
What Are the Contents of Articles of Association? 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.
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.
The memorandum of association is the document that sets up the company and the articles of association set out how the company is run, governed and owned. The articles include the responsibilities and powers of the directors and the means by which the members exert control over the board of directors.

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