Explain the meaning and contents of Articles of Association.

Explanation

Articles of association are a document that specifies the regulations for a company's operations and defines the company's purpose. The document lays out how tasks are to be accomplished within the organization, including the process for appointing directors and the handling of financial records.



CONTENTS OF ARTICLES OF ASSOCIATION

The articles generally deal with the following:


`1.` Classes of shares, their values and the rights attached to each of them.


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