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What is the Importance of articles of associations of a company?
Wiki User
∙ 10y ago
Articles of Association, the second important document of a company, contain rules, regulations and bye-laws for the internal administration of the company. The articles regulate the internal management of the company.
Articles define the powers of the directors and other officers of the company. Articles also govern the relationship between the company and its constituent members by prescribing the rights and obligations of the members of the company.
Wiki User
∙ 10y ago
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