Articles of association

 

 The articles of association is a document which contains rules, regulations and by laws regarding the internal management of a company. Articles must not violate any provision of the memorandum or any provision of the companies act.

 

                               Requirements of articles:

01.Form of articles

02.Contents

03.Signature & attestation of articles

 

Contents of Articles of Association

 

01.Full name of the company

02.Daily function and rules of management

03.Name address and others description of director& managing director

04.Responsibility ,duties power of director & MD

05.Numbers of directors

06.Appointment rules of manager & secretary

07.Remuneration of director

08.Number & qualifying share of director

09.Total amount of authorized capital & classification of share

10.Per value & payment system of share

11.Term & condition of share forfeiture

12.Commission of share underwriter

13.Voting system of meeting

14.Dividend procedure

15.Alteration of share capital procedures

16.Transfer & transmission of share

 

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