cryptohunter
Active member
- PPF Points
- 2,050
The AOA are vital for registering a company in India, working alongside the Memorandum of Association to establish the companys structure. While the MOA outlines overall objectives, the AOA specifies internal rules.
Submitted to the Registrar of Companies during formation the AOA acts as a rulebook, defining member and director rights, duties, and powers. It covers decisionmaking procedures, shareholder meetings, director appointments and dividend distribution.
AOA serves as a contractensuring organize governance with clarity on share transfers, voting rights, and dispute resolution, preventing conflicts within the company.
Submitted to the Registrar of Companies during formation the AOA acts as a rulebook, defining member and director rights, duties, and powers. It covers decisionmaking procedures, shareholder meetings, director appointments and dividend distribution.
AOA serves as a contractensuring organize governance with clarity on share transfers, voting rights, and dispute resolution, preventing conflicts within the company.