Sample Articles of Association for a Public Company

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Document Overview

The Articles of Association (often simply called the Articles) are the constitutional document that governs the internal management, operations, and decision-making of a company.

Under the Companies Act, 2015, every company must have Articles of Association that set out rules for managing the company’s affairs and define the rights and duties of members, directors, and officers.

They form, together with the Memorandum of Association, the company’s constitution — legally binding on the company, its members, and directors.

Purpose of the Articles of Association:
1. Define the Company’s Internal Rules
2. Regulate the Relationship Between Stakeholders
3. Empower the Board and Protect Members
4. Ensure Compliance with Law
-The Articles ensure that all company operations conform with the Companies Act, 2015 and other applicable laws (e.g. Capital Markets Act, where applicable).

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Sample Articles of Association for a Public Company

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