Question

Explain the following concept:

Articles of Association

Comments

Thanks jiya mehra

Answer 1

• Articles of Association is a secondary document. 
• It contains rules and regulations that govern the internal management of the company. 
• Articles of Association is also known as Bye-laws of a company. 
• It defines the powers, duties, and rights of managers officers, and board of directors. 
• It establishes a relationship between the company and its members.
• This document is subordinate to Memorandum.