Query about articles of association

Hello! Please answer my queries:

  • Why is the format given for articles in the companies act?
  • Are all the rules in model articles, mandatory to adopt?
  • Can a company modify some model regulations and put them it its articles?

 

Thank you.

Replies (1)

It is not mandatory to adopt Model articles given in the Act.  You can have your own set of Articles.  Model articles are given  just for guidance.  You may or may not adopt the  same.

 

 

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