Features of Articles of Association are:
1. It is an important document which regulates the internal management of a company.
2. It contains laws, by-laws, rules and regulations of the company.
3. It is an alterable document. Changes can be made in AOA according to the provisions of Companies Act.
4. Articles are framed according to the pursuance of the present Companies Act.
5. It defines the rights, power and duties of the directors.
6. For Private companies, there is no formal model of AOA. It is compulsory for them to make their own AOA.
