Simple Articles of Organization are essential incorporation documents required when establishing a new company in India. This document must be filed with the Registrar of Companies and serves as the company's constitutional document under the Companies Act, 2013. It outlines the company's internal management structure, share capital details, and operational procedures. The Articles become binding upon registration and govern the relationship between the company and its stakeholders. This document is particularly crucial during company formation, corporate restructuring, or when establishing subsidiaries, as it provides the fundamental framework for corporate governance and operations. While the base structure is standardized according to Indian law, specific provisions can be customized to suit the company's unique requirements while maintaining compliance with regulatory requirements.
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1. Article I - Name and Office: States the official name of the company and address of the registered office
2. Article II - Purpose: Describes the business purposes and activities the company is authorized to conduct
3. Article III - Share Capital: Details of authorized share capital, types of shares, and their nominal value
4. Article IV - Members/Shareholders: Rights, responsibilities, and obligations of members/shareholders
5. Article V - Directors: Composition of board, appointment, removal, and powers of directors
6. Article VI - Meetings: Procedures for conducting board and shareholder meetings
7. Article VII - Management: Basic management structure and operational procedures
8. Article VIII - Seal: Provisions regarding the company seal and its use
1. Article on Share Transfer Restrictions: Include when specific restrictions on share transfers are desired, particularly for private companies
2. Article on Additional Classes of Shares: Include when the company plans to issue different classes of shares with varying rights
3. Article on Committees: Include when specific committees need to be established with defined roles
4. Article on Foreign Investment: Include when foreign investment is expected or company has international operations
5. Article on Borrowing Powers: Include when specific borrowing limits or procedures need to be defined
1. Schedule A - Initial Subscribers: List of initial subscribers/shareholders with their shareholding details
2. Schedule B - Initial Directors: Details of first directors of the company
3. Schedule C - Share Capital Structure: Detailed breakdown of share capital, including different classes if applicable
4. Appendix 1 - Forms of Share Certificates: Templates for share certificates to be issued by the company
5. Appendix 2 - Board Resolution Templates: Standard templates for common board resolutions
Relevant legal definitions
Act
Articles
Authorized Share Capital
Board of Directors
Company
Director
Financial Year
General Meeting
Managing Director
Member
Memorandum
Office
Ordinary Resolution
Paid-up Share Capital
Register of Members
Registrar
Seal
Secretary
Share
Shareholder
Special Resolution
Subscriber
These Presents
In Writing
Month
Year
Proxy
Quorum
Dividend
Capital
Securities
Board Meeting
Committee
Officer
Related Party
Relative
Register
Resolution
Rules
Statutory Registers
Beneficial Owner
Electronic Mode
Articles
Authorized Share Capital
Board of Directors
Company
Director
Financial Year
General Meeting
Managing Director
Member
Memorandum
Office
Ordinary Resolution
Paid-up Share Capital
Register of Members
Registrar
Seal
Secretary
Share
Shareholder
Special Resolution
Subscriber
These Presents
In Writing
Month
Year
Proxy
Quorum
Dividend
Capital
Securities
Board Meeting
Committee
Officer
Related Party
Relative
Register
Resolution
Rules
Statutory Registers
Beneficial Owner
Electronic Mode
Clauses
Name and Registered Office
Objects and Powers
Share Capital Structure
Share Issuance and Transfer
Membership Rights
Board Composition
Directors' Powers and Duties
Board Meetings
General Meetings
Voting Rights
Dividend Distribution
Company Secretary
Common Seal
Financial Records
Audit Requirements
Borrowing Powers
Indemnification
Winding Up
Alteration of Articles
Dispute Resolution
Corporate Governance
Management Structure
Board Committees
Share Certificates
Transmission of Shares
Lien on Shares
First Directors
Quorum Requirements
Notice Provisions
Objects and Powers
Share Capital Structure
Share Issuance and Transfer
Membership Rights
Board Composition
Directors' Powers and Duties
Board Meetings
General Meetings
Voting Rights
Dividend Distribution
Company Secretary
Common Seal
Financial Records
Audit Requirements
Borrowing Powers
Indemnification
Winding Up
Alteration of Articles
Dispute Resolution
Corporate Governance
Management Structure
Board Committees
Share Certificates
Transmission of Shares
Lien on Shares
First Directors
Quorum Requirements
Notice Provisions
Relevant Industries
Information Technology
Manufacturing
Retail
Professional Services
Financial Services
Healthcare
Real Estate
Education
E-commerce
Consulting
Transportation
Agriculture
Construction
Energy
Entertainment
Relevant Teams
Legal
Corporate Secretarial
Compliance
Corporate Affairs
Board of Directors
Executive Leadership
Risk Management
Corporate Governance
Business Development
Finance
Relevant Roles
CEO
Company Secretary
Corporate Lawyer
Legal Counsel
Compliance Officer
Director
Board Member
Chief Financial Officer
Corporate Governance Officer
Managing Director
Incorporation Specialist
Legal Administrator
Risk Management Officer
Corporate Affairs Manager
Business Development Manager
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