DEPARTMENT OF TECHNICAL EDUCATION

ANDHRA PRADESH
Name : N. Ramachandra Reddy
Designation : HCCP
Branch : D.C.C.P
Institute : GPW, Warangal
Year : I year
Subject : Business Organization
Subject Code : CCP – 104
Topic : Formation of Joint Stock Company
Sub Topic : Articles of Association
Duration : 50 mts
Teaching Aids : P.P.T ., Animation ,Photo

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Objectives

On the completion of this period you would be

able to know
 Contents of the Articles of Association

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Recap

 Meaning of Articles of Association

 Document containing the rules and regulations

for the internal working of a company

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Contents Of Articles Of Association

 Contain rules and regulations regarding:

 Share Capital, different types of shares, their
respective rights

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Contents Of Articles Of Association

 Lien of the Company

 Calls on Shares
 Forfeiture of shares
 Surrender of Shares

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Contents Of Articles Of Association

 Conversion of shares into stock

 Reconversion into shares
 Transfer and transmission of shares

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Contents Of Articles Of Association

 Procedure regarding company meetings, voting

by members
 Matters relating to directors such as :
 powers, duties, rights, remuneration,
 maximum and minimum number,
 qualification and disqualification

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Contents Of Articles Of Association

Terms of appointment like

 Remuneration, delegation of authority of the

Secretary, Manager, etc.

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Contents Of Articles Of Association

 Matters relating to accounts, audit,

 Declaration of dividend,
 Creation of reserves,
 Capitalization of profits,
 Depreciation, etc.

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 Contents Of Articles Of Association

 Rules regarding common Seal of the

Company

 Rules regarding the winding up of the

Company

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Summary

 Contents of Articles of Association

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Quiz

1. Internal management of a Company is given in

a) Memorandum of Association
b) Prospectus
c) Articles of Association
d) Resolution

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1. Rules regarding seal and winding up of the
Company are mentioned in
a) Memorandum of Association
b) Prospectus
c) Articles of Association
d) None of the above

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3. The procedure for alteration of the capital of a
Public Limited Company is mentioned in
a) Prospectus
b) Memorandum of Association
c) Resolution
d) Articles of Association

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Frequently Asked Questions

3. Explain the contents of Articles of Association

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Assignment
1. What are Articles of Association? Explain the
contents briefly?

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