Successful Completion of Development Project

We are thrilled to announce the successful completion of our Development Project. This project has provided individuals with essential skills and opportunities to improve their lives.

Alterations to the articles must not be illegal or against public policy, and they cannot be inconsistent with a court order. They must not be fraudulent, and they must not increase the liability of members. In summary:

• Articles of Association are rules that govern the company, and which shareholders and directors have agreed on.
• The articles outline the managerial and administrative structure and responsibilities of the business and include information on the rights of shareholders.
• Although a company can change its Articles of Association, a special resolution will be needed where a majority of shareholders must vote on the change.
• The articles are essential documents that set out the company’s rules and are vital when it comes to investing and the stock market.
• They also set out how shares can be transferred and other fiduciary duties.
• The articles are a binding legal document between shareholders and directors, but not outside parties.