Article of association

However, a company is free to incorporate under different articles of association, or to amend its articles of association at any time by a special resolution of its shareholders, provided that they meet the requirements and restrictions of the Companies Acts.

The Directors may, or may not, be employees of the Company.

forms of article of association

Under the new legislation, the articles of association will become the single constitutional document for a UK company, and will subsume the majority of the role previously filled by the separate memorandum of association. Notice of the Annual General Meeting and Extraordinary General Meetings, at which matters regarding amendments to the Articles of Association are to be addressed, shall be issued not earlier than six weeks and not later than four weeks prior to the Meeting.

A proposal for dissolution shall be communicated in writing to all EITI Members four weeks in advance of the relevant resolution.

Objectives of article of association

Some votes maybe for the decision, others not. A Board Member shall not be counted in the quorum present when any resolution is made about a matter which that Board Member is not entitled to vote upon. For example, articles of association can ensure that directors do take certain actions without the approval of the shareholders, and that shareholders cannot make unreasonable demands of the directors. Directors[ edit ] A Company is essentially run by the shareholders, but for convenience, and day-to-day working, by the elected Directors. Usually, a suffix such as "Inc" or "Ltd" must be used to show that the entity is a company. Its funds consist of contributions from EITI contributors and grants from bilateral and multilateral donors, international financial institutions and other agencies, organisations and entities as determined by the EITI board. This set of rules can be considered a user's manual for the company because it outlines the methodology for accomplishing the day-to-day tasks that must be completed. You will be able to modify it.

Conversions shall be reported for registration without delay. The name of the company must end with "PLC".

Article of association

The fact that notice has been given shall be announced in the Swedish newspaper Dagens Industri. You will be able to modify it.

articles of association india
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EITI Articles of Association