Overview of Articles of Association
The Articles of Association are the charter to create a corporation. They set the rules company officers must follow when running their companies. “Model” articles of association are the standard default articles a company can use. They are prescribed by the Companies Act 2006.
Where to Find the Articles of Association
You can find a company’s Articles of Association at Companies House as these are, by law, public documents open for inspection. Creating bespoke company articles will generally require the help of a specialist lawyer.
Likewise, companies have to keep a copy of the articles of association at their registered office or SAIL address. The public record will display a company’s articles.
Amending Articles of Association
You can amend a company’s articles of association by passing a special resolution of the members, provided there is a legitimate reason for making such changes. The features of Article of Association are: It is a contract between the members and among the members themselves.
It takes at least three months for a company to be officially dissolved. However, if the process is complex and some tasks need to be completed to close the business, it will take longer.