Articles of Association (AOA) (E-Form of MCA)

The Articles of Association (AoA), presented as an E-Form, is a crucial legal document that sets forth the internal governance rules, regulations, and procedures for managing and operating a company. It works with the Memorandum of Association to lay down a company’s foundational governance and structural framework. Key aspects typically covered in the AoA include shareholder rights and responsibilities, the role and powers of the Board of Directors, borrowing powers, and policies regarding dividends and reserves.