Mr. Gurmeet wants to apply for the shares of ACC Ltd. From which
document he will get the details.
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Article of Association provides the details of the share capital of a company.
- AoA is a official document precisely defining an enterprise's function and sets out the effective regulations for its economic activities.
- The manual outlines how the economic activities, like the financial report planning and management, and director appointment process must be conducted within an enterprise.
- The number and form of shares constituting the capital of a company is also specified in the articles of association. Thus, Mr. Gurmeet should refer to the AoA of ACC Ltd.
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