How is the Articles of Association important to the secretary?
Answers
Answer:
Importance of Articles of Association:
It gives provisions for the company's inner workings such as the manner of making calls, director's/employees qualifications, powers and duties of auditors, forfeiture of shares, dividend policy, etc. Neither company nor members bound to outsiders.
Explanation:
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Articles of association. This is the secondary document playing a vital role in defining the company's internal workings, their rights, duties and management. It contains the by-laws and other rules & regulations that a company runs by. The contents of AoA remain in sync with the MoA and the Companies
Answer:
Importance of Articles of Association:
It gives provisions for the company's inner workings such as the manner of making calls, director's/employees qualifications, powers and duties of auditors, forfeiture of shares, dividend policy, etc. Neither company nor members bound to outsiders.