Introduction on articles of association pdf

Articles of association form a document that specifies the regulations for a companys operations and defines the companys purpose. What is the content for the articles of association. 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 contents of articles of association should not contradict with the companies act and the moa. Articles of association is a document which prescribes the rules and byelaws for the general management of the company and for the attainment of its object as given in the. In this blogpost, vyoma mehta, student, nmims, school of law, and the diploma in entrepreneurship administration and business laws by nujs, writes about the content of article of association and entrenchment introduction. Articles of association these articles constitute the articles of association of the company.

An introduction of memorandum of association is an important part of forming a company. Exclusion of model articles no articles set out in any statute, or in any statutory instrument or other subordinate legislation made under any statute, concerning companies shall apply as the articles of the company. The articles of association is a document that specifies the regulations for a companys operations, and they define the. If the document contains anything contrary to the companies act or the memorandum of association, it will be inoperative. Memorandum of association and articles of association sjvn limited formerly satluj jal vidyut nigam limited a joint venture of govt. Ija, and thereby to be subject to the general supervision and control of the ija. Articles of association definition and example investopedia. A a company limited by shares incorporated in switzerland in 1866. Articles of association of glaxosmithkline plc adopted by special resolution passed on 3 may 2018 interpretation 1. Articles of association meaning contents alteration. Article 3 of the articles of association of company and to become parties to and. An introduction to the memorandum and articles of association, two documents which together, set out a companys constitution and define the directors roles. Contents of the articles of association moa vs aoa legodesk.

The articles of association is a document that specifies the regulations for a companys operations, and they define the companys purpose and lay out how tasks are to be. The memorandum and articles of association comprise the companys constituent. Articles of association amended by the annual general. Articles of association aoa is the companys essential rule book which contains the set of guidelines and regulations necessary for every company to. The articles prescribed in any legislation relating to companies do not apply as the articles of the company. Articles of association of vestas wind systems as 5 article 6 general meetings. While theres always plenty to say about any one instrument, there are some. In corporate governance, a companys articles of association is a document which, along with.