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The articles of association are the regulations for the internal arrangements and the management of the company.
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| Submitted: Mon Dec 22 2003
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"The articles of association are the regulations for the internal arrangements and the management of the company. The articles deal with the issue of shares, alteration of share capital, general meetings, voting rights, directors (including their appointment and powers), managing director, secretary, dividends, accounts, audit of accounts, winding up and various other matters." (Morse 1999: 60) Subject to the provisions of the Companies Act 1985, and to the conditions in the company's memorandum, a company may by special resolution alter or add to its articles. An alteration or addition so made in the articles are as valid as if originally contained in them, and are subject in like manner to alteration by special resolution : section 9 CA1985. Therefore, by section 9 of the Companies Act 1985, the power to alter a company's articles is subject to the provisions of the Act. Also by section 9 of the CA 1985 a company's...
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