What are the contents of articles of association of a company?
Contents of the Articles of Association
- Share capital: Rights of various shareholders, share certificates, payment of a commission, etc.
- Lien of shares.
- Calls on shares.
- The process for the transfer of shares.
- Transmission of shares.
- Forfeiture of shares.
- Surrender of shares.
- Process for conversion of shares to stocks.
What is the content of AOA?
Articles of Association (AOA) is the Company’s essential Rule Book which contains the set of guidelines and regulations necessary for every Company to function. handling official financial records; handling company meetings along defining the role and the powers of the Directors of the Company.
What are the contents of the article?
Similar to most of the written literary forms, articles contain an introduction, a body, and a conclusion. Again, we write an article for the target audience. Of course, if our article fails to appeal to the target audience, it would be of no use.
What must articles of association contain?
The articles should cover, amongst other matters, the following:
- Liability of members;
- Directors’ powers and responsibilities;
- Directors’ meetings, voting, delegation to others and conflicts of interest;
- Retaining records of directors’ decisions;
- Appointment and removal of directors;
How do you describe the content of an article?
Article content can emphasize a problem within a specific industry, discuss current events, and explain how ideas or events relate to your company. In addition to the content, there is a grammatical context for words that can define a noun and give the reader a better understanding as to what story is being told.
What do you mean by article of association explain its content?
Articles of Association is an important document of a Joint Stock Company. It contains the rules and regulations or bye-laws of the company. They are related to the internal working or management of the company.
What is Article of Association Class 11?
Articles of association are rules of internal management of the company. They indicate how the objectives of the company are to be achieved. This is the main document of the company and is subordinate to the companies Act.
Where can I find articles of association of a company?
The memorandum is a public document that may be viewed by the public via Companies House. Every company has to keep a copy of the memorandum at their registered office or SAIL address. Likewise, companies have to keep a copy of the articles of association at their registered office or SAIL address.