Alteration of memorandum of association of a corporation under company law Legal procedure for alteration of existing memorandum of association: 1. Alteration of Articles: Companies have wide powers to alter their articles. Definitions. Articles of Association: Chapter I Article 1.
ARTICLES OF ASSOCIATION OF GMR ENTERPRISES PRIVATE LIMITED . STEPS REQUIRED FOR ALTERATION OF MEMORANDUM: The following steps are involved in the alteration of memorandum: 1. alteration of memorandum and articles of association ALTERATION OF NAME The name of a company may be altered with the consent of the Commission in accordance with S. 31 of the Act. In conclusion the contractual effect of the articles of association, notwithstanding the altered language employed in s.33, will remain contentious for many years to come. The altered articles will bind the members in the same way as did the original articles.
"auditors" ... 76.2 No alteration of these articles and no special resolution of the Company shall invalidate any prior act of the board which would have been valid if such alteration had not been made or such special resolution had not been passed. Copy of printed articles of association is also required to be filed along with it. Unless the contrary is apparent, this will include each Common Share and each Common Share B. Alteration of Capital ... Table of Contents of Articles of Association and Special and other Resolutions. Preliminary discussion at broad meetings and company’s advisers to determine the best course to adopt and the … ALTERATION OF ARTICLES OF ASSOCIATION To consider and, if thought fit, to pass the following Resolution, with or without modifications, as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Section 14 and other applicable provisions of the Companies Act, 2013 read with Companies (Incorporation) Rules, 2014 (including any statutory modification(s), enactment(s) or re …
"articles" means these articles of association or such other articles of association of the Company for the time being in force. Any restriction on the exercise of their powers will be invalid. The debates which plagued s.14 of the 1985 Act have not yet been exorcised by the Companies Act 2006 and the key question remains as to the precise extent of a company’s contractual obligations under the articles. … 2.31 within 15 days of receipt of the order of the Tribunal. 1.1 In these Articles of Association, the following terms will have the following meanings: ‘’Share” means a share in the capital of the Company. Articles of association may be altered by a company by passing a special resolution to that effect.
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