The Articles of Association (AOA) are a key legal document that defines a company’s internal management,
rights, duties, and powers of directors and shareholders. It serves as a rulebook that governs how the company will operate
after incorporation. AOA is filed with the Registrar of Companies (ROC) during company registration
under the Companies Act, 2013.
✅ AOA Covers the Following Aspects:
- Company objectives, share capital structure, and types of shares.
- Rights and responsibilities of shareholders and directors.
- Rules for transfer of shares, board meetings, and dividend distribution.
- Procedure for alteration of Articles and company winding-up process.
Note: Note: The AOA must align with the Memorandum of Association (MOA) and comply with the provisions of the Companies Act, 2013. Custom drafting may be required for regulated companies or Section 8 companies.