L85110ka1981plc0115 44, infosys avenue electronics city, hosur road, bangalore 560 100, india. The articles of association contain, as per law, provisions on the company name, the purpose of the company, the share capital, the number, par value and type of shares, the organisation of the company general meeting of shareholders, board of directors and auditors, provisions for the general meetings of shareholders and voting rights, and the form in which the company shall publish notices. Company limited by guarantee and not having a share capital memorandum and articles of association of the performing right society limited. The companies act, 20 company limited by shares memorandum of association of tejas networks limited 1st the name of the company is tejas networks limited. Articles of association is a document that contains the rules and regulation for the administration of the company. Articles of association notes company law bbamanta. Model articles of association for limited companies gov. It is comprised of rules and regulations that govern the company s internal affairs. In corporate governance, a company s articles of association aoa, called articles of incorporation in some jurisdictions is a document which, along with the memorandum of association in cases where the memorandum exists form the company s constitution, defines the responsibilities of the directors, the kind of business to be undertaken, and.
The name of the company is leecon engineering com pany limited. Table a is the name given to the prescribed format for articles of association of a company limited by shares under the companies act 1985 and. An articles of association is a document which forms the company s constitution. The object for which the company is established are.
The articles of association aoa or the articles, contain rules for the internal management of a company. Table a is the name given to the prescribed format for articles of association of a company. Business consultants 1 to carry on, in any part of the world, activities of business consultants and of management consultants, to industrial or commercial or any other enterprises in. The articles of association or aoa are the legal document that along with the memorandum of association serves as the constitution of the company. The articles of association is a document that specifies the regulations for a company s operations, and they define the company. Article mean articles of association of company as originally framed or as altered from time to time in pursuance of any previous companies law or of this act. The following regulations comprised in these articles of. Ordinary general meeting held on 01082017 altered the provisions of its memorandum of association with respect to its objects and complied with the section 1 of the companies act, 20. To purchase, take over and acquire the entire business and undertaking. The memorandum of association, which includes a statement of compliance, must be delivered to companies house together with an application for registration of the company and the new company s articles of association. Articles help to establish the relationship between the company and internal management. This cannot be changed once the company is incorporated. Memorandum of association moa and articles of association aoa. Download samples of professional document drafts in word.
According to section 25 of the companies act, 20, articles means the articles of association of a company as originally framed or as altered from time to time or applied in pursuance of any previous company law or of this act. The name of the company is salzer electronics limited. Based on article 8 paragraph 1 of law number 40 of 2007 on limited liability company company law, it is stated that a deed of establishment must contain the articles of association aoa and other information in relation to the establishment of the company. It is a legal document prepared by a company to explicitly state the purpose of a company, the procedure to conduct its internal affairs and most importantly the responsibility and authority of the directors, members and other stakeholder. No regulations for management of a company set out in any schedule to any statute concerning companies or contained in any regulations or. Page 5 to, or which shall hereafter violate this association, but will hold them as unworthy of the rights of freemen, and as inimical to the liberties of their country. Articles of association chapter one incorporation of the.
Contents of the articles of association moa vs aoa. Article 9 the company shall be committed to pay its incorporation expenses which are expected to be in the range of. There are two important business documents of a company, namely, memorandum of association and articles of association. Sample a is a simplified form of articles of association for private companies limited by shares prepared on the assumption that the company adopting it will. Memorandum of association is subsidiary to the companies act, whereas articles. Memorandum of association of elecon engineering company limited i. In this post, we will look at the articles of association. It is the document that regulates the affairs of the company as it defines the roles. Difference between memorandum of association and articles. Company or of advancing, directly or indirectly, the objects thereof or for any other purposes which this company.
In corporate governance, a companys articles of association is a document which, along with. The aoa specifies the internal regulations of the company. This complements the articles of association and defines the company itself, including elements such as. Memorandum and articles of association of infosys limited. Memorandum of association is defined in section 2 56 while the articles of association is defined in section 2 5 of the indian companies act 1956. To sell, lease, mortgage, grant licences, easements and other rights over and in. Articles of association what are articles of association. The registered office of the company will be situated in the state of karnataka.
The articles prescribed in any legislation relating to companies do not apply as the articles of the company. Articles of association amended by the annual general meeting of april 11, 2019. Articles of association is a public document which can be examined from the registered office of the company. To acquire, possess and undertake the whole or any part of the business, assets, property, goodwill, rights and liabilities of any person, firm, society, association, corporation or company carrying on any business. Useful notes on the memorandum and articles of association. To pay for any property or rights acquired by the company either in cash or fully or partly paid shares or by the issue of securities or. The memorandum of association must be in a prescribed form and must be authenticated by each subscriber. It is important to pay extra attention to the contents of the articles of association aoa at the initial phase since they are important for the ability of the company to make profits and keep their shareholders satisfied. Incorporate a private limited company register it with companies house and rules on directors, shares, articles of association and telling hmrc about the company. Acts requiring particulars of interests in shares or of the identity of. A memorandum of association is the other document which is required to set up a limited company in the uk. It is the document that regulates the affairs of the company as it defines the roles and responsibilities of directors and the means by which the members of the company exert control over the board of directors. I hereby certify that the said special resolution together with the copy of the memorandum of association as altered has this day been registered. The articles of association is a document that specifies the regulations for a company s operations, and they define the company s purpose and lay out how tasks are to be.
The registered office of the company will be situate in the state of gujarat. In case of doubt or differences of interpretation, the official french and german versions of the articles of association shall prevail over the english text. Explanatory notes to sample a articles of association for private companies limited by shares simplified form sample a is a simplified form of articles of association for private companies limited by shares prepared on the assumption that the company adopting it will simplify its administration as far as. A company limited by shares incorporated in switzerland in 1866. The objects for which the company is established are. Pf2 articles of association standard form october 20. Sample a articles of association for private companies. Articles of association these articles constitute the articles of association of the company. An articles of association is a document which forms the companys constitution. To acquire, possess and undertake the whole or any part of the business, assets, property, goodwill, rights and liabilities of any person, firm, society, association, corporation or company carrying on any business which the. To adopt such means of making known the products of the company or goods and articles dealt in by the company as may seem expedient and in particular by advertising, by circulars, catalogues, showcards, posters and free samples and exhibiting and granting rewards, presents, prizes and donations. And we do solemnly bind ourselves and our constituents, under the ties aforesaid, to adhere to. Every company needs a set of rules and regulations to manage its internal affairs.
According to companies act 20, it is compulsory for every company to have its own articles of association and file the same with registered. In these articles, unless the context requires act means the companies act cap 110 and every. Memorandum and articles of association the case centre. The registered office of the company will be situated in the state of tamil nadu. Memorandum of association and articles of association of. A company limited by shares incorporated in switzerland in 1866 articles of association amended by the annual general meeting of april 11, 2019 translation june 2019.
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