articles of association


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articles of association

regulations governing the mode of conduct of business of an incorporated company and its internal organization.

They constitute, together with the memorandum of association, the contract between company members and the company. In the case of a company limited by shares, Table A of the Companies Act 1985 may be taken as the company's articles if not otherwise expressly provided.

References in periodicals archive ?
The related article 3 of the company's articles of association accordingly reads 'The objects of the company are to carry out activities and, directly or indirectly, wholly or partly, own companies or other equity interests within industrial, commercial, technical, research and development, services and/or financial activities, including, but not limited to, activities within development and production of renewable energy'.
Biotechnology company Zealand Pharma A/S (Zealand) (COP:ZEAL) announced on Tuesday that its Articles of Association have been amended to reflect the recent grant of warrants to the company's executive management and employees.
In addition, the person named in the Articles of Association as a director/manager/secretary of the company also has to give a declaration confirming the fulfilment of all requirements for registration under the Companies Act and Rules thereunder.
Foreign ownership as defined by Etisalat Group's Articles of Association will be limited to 20 per cent of the share capital.
While the latter appears to have the same meaning and goal, it could also be viewed as specifically requiring a "special resolution" rather than just an "approval", where agreement to arbitration is not "authorized under the Articles of Association of the company or are within the object of the company by nature".
During today's session presided over by the Shura Council's Chairman, Ali bin Saleh Al-Saleh, members voted in favor of approving the articles of association of the Gulf Cooperation Council (GCC)'s Statistics Centre, associated with Royal Decree 85/2013.
The assets of the company under liquidation will be distributed after being sold unless otherwise stipulated in the articles of association.
In the SFA's articles of association it states: "The board must be satisfied that any such person is fit and proper to hold such a position within association football.
The SECP also directed them to take necessary steps towards the alteration of their Articles of Association immediately to bring these in line with the law.
Further, some of the Articles of Association of such companies also contain provisions to this effect which are contrary to section 180 of the Ordinance and are void in terms of section 6 of the Ordinance.
At Friday's general shareholders' meeting, the representatives of the Sofia Municipality voted for an amendment to the articles of association providing that decisions shall be taken by a majority vote, while decisions involving changes in the capital or the articles of association, etc, shall require a 2/3 majority to pass.
Israel-based Internet Gold a[euro]" Golden Lines Ltd (Nasdaq:IGLD) (TASE:IGLD), a subsidiary of Eurocom Communications Ltd, said today that its shareholders have approved amendments to its Articles of Association.