What is Articles of Association? Discuss the contents of Articles of Association.
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Explanation:
Articles of Association generally prescribes the relation between shareholders and Board of Directors, relation among shareholders and Directors themselves. It usually contains regulation relating to Share capital and Variation rights, Lien, Calls on Shares, Transfer and Transmission of shares etc.
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Articles of Association (AOA) describes the rules and regulations for the internal management of the company
It usually contains regulation relating to Share capital and Variation rights, Lien, Calls on Shares, Transfer and Transmission of shares etc.
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