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The articles set out the rules and regulations framed by the company for its own working. The articles should contain generally the following matters:
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The Companies Bill, 2012 was presented to President of India to permit on 29-08-2013 and it was notified in Gazette of India on 30-08-2013, the Companies ACT, 2013 was first come in action and known as Companies ACT, 2013.
The companies act, 2013 was introduced in India for building a process for doing business in India. Companies act, 2013 was first notified in Gazette of India on 30-08-2013.
The main aspect behind this Companies ACT, 2013 is to improving corporate governance by making companies more accountable and another motto is to easing the process of doing business in India. Here below given are the Highlights of the Companies ACT, 2013
The Companies ACT, 2013 was introduced in India for ease of Doing Business. So, there are some new aspects are added into it for easily handing the complex process of businesses. What are that new aspects added to companies act, 2013?
183 sections on April 01, 2014
The new concepts or aspects introduced to companies act, 2013 are:
There are some Regulations & Rules in all companies that has been made for managing the internal affairs of company and for managing the relation between members and company, these rights, duties, regulations and rules shall be in recorded written format, this written document is called Articles of Association (AOA). What is Articles of Association (AOA) of a company? --> Articles of Association (AOA) or Prospectus of a Company is a document that has to apply along with the Memorandum of Association (MOA), AOA defines the responsibilities of the directors, the functional area of business, and the means which the shareholders exert control over the board of directors. What are the focal points you have to keep in mind while going through it? Here given below are the points you have to know what are the main points while writing an Articles of Association (AOA).
Articles of Association (AOA) Sample: -Sample 1: Articles of Association of a Company Limited by Guarantee and not Having Share Capital: -
Sample 2: Articles of Association of a Company Limited by Guarantee and Having a Share Capital: -
Sample 3: Articles of Association of a Company Limited by Shares: -
Sample 4: Articles of Association of an Unlimited Company and Having a Share Capital: -
Sample 5: Articles of Association of an Unlimited Company and not Having Share Capital: -
In this illustrated niche given are some terms that used in reference for Company Law. It’s a guide for all Practitioner, Entrepreneurs, Business Persons, and Advocates who are working on Company Law or in Corporate law Sector. The terms or definitions used for companies in India according to Companies Act, 2013 are: - :
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