Assignment 2.doc - Assignment 2 The company constitution is very important for every business and it consists of two documents namely company memorandum

Assignment 2.doc - Assignment 2 The company constitution is...

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Assignment 2: The company constitution is very important for every business and it consists of two documents namely company memorandum and company articles. The company memorandum describes: i. Company structure such as director's name, total share capital and so on. ii. Purpose or object of company such as rice export business. While company articles contain internal rules governing the flow of company. Among the items contained in the company articles are Transfer of Ownership, General Meeting, Appointment of directors; and so on. Under the Companies Act 1965, every company must have a company memorandum and company articles. Both of these documents must be submitted to the Registrar
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  • Summer '19
  • Muhammad Sufi Roslan
  • Corporation, Registrar of Companies, Company Constitution, company memorandum, company articles

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