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Company Articles and Company Constitution
Thorogood Publishing, March 2011, Pages: 200
All companies have articles and all companies have a constitution.
It’s crucial that both elements are understood by directors, company secretaries, shareholders, legal staff and others. An investor looking to sell shares, for example, may not be aware that directors (with the authority of the articles) can refuse to register the transfer because they don’t approve of the proposed transferee. Such are the hazards involved.
Company Articles and Company Constitution provides a full and essential understanding of the subject matter, charting its evolution from the 19th century through to the implementation of the important but little understood Companies Act of 2006.
Written in plain English, the comprehensive report guides the reader through the resolutions and agreements that make up a company constitution. The changing relationship between the memorandum and the articles is explained, whilst a step-by-step guide systematically explores the articles and what to consider when changing them.
Who should read this report? - Company secretaries - Company directors - Anyone working directly for company secretaries and company directors - Accountants, lawyers and consultants
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