Along with providing the rules on how a company is run and governed the company constitution binds contractually the company and its members, therefore the provisions should be discussed and agreed by all parties involved in the company. The articles are amendable and the company may use the prescribed articles under the act under which

All companies formed in the past 150 years, under the various Companies Acts (Companies Act 2006 being the most recent) must have articles of association. The company articles of association are the internal policies, rules and procedures that the directors and shareholders must adhere to. Shareholders delegate all powers to the directors who in turn

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