What Is The Importance Of Articles Of Association?
Articles of association is a rule or a law that can bind an association. But what is its importance and how can the association can implement it?
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The articles of association are very important for the company. They are important because they are the regulations that govern the relationship between shareholders and directors of the company. They are required for the establishment of a company under the law. They govern the laws of issuing of shares, voting and dividend rights etc.
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