THE DOCUMENT SETTING OUT THE REGULATIONS REGARDING SHARES, MEETINGS AND INTERNAL ORGANIZATION OF A COMPANY IS KNOWN AS
January 30, 2024
- A. memorandum of association
- B. article of association ✓
- C. prospectus
- D. company law
The answer to the question is: B. article of association
The document setting out the regulations regarding shares, meetings, and internal organization of a company is known as the “article of association.” The article of association is a crucial legal document that outlines the internal management structure of a company, including the rights and responsibilities of its members and directors. It also specifies the rules for conducting meetings, issuing shares, and other internal matters. This document is essential for governing the internal affairs of the company and ensuring smooth operations.