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=> What is article of association?
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Answer:
Explanation:
The articles of association is comprised of following provisions:
Share capital, call of share, forfeiture of share, conversion of share into stock, transfer of shares, share warrant,...
Directors, their qualifications, appointment, remuneration, powers, and proceedings of the board of directors meetings.
Voting rights of shareholders, by poll or proxies and proceeding of shareholders general meetings.
Dividends and reserves, accounts and audits, borrowing powers and winding up.
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Explanation:
article of association
it form a document that specifies the regulations for a company's operations and defines the company's purpose. it tells how tasks are to be accomplished within the organization.
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