Question

Tick the correct answer.
'Articles of Association' is the main document of a company.

• A. True
• B. False

Answer 1

The correct option is A True

The most important document in the constitution of a company is the Memorandum of Association of the company. The Articles of Association is the second most important document that needs to be registered by any company for its incorporation, registration, and subsequent operation. It is a public document laying down the rules for the internal management of the company and it does not have the force of ‘law’. The provisions of the article amount to public notice, known as constructive notice. This is the doctrine of constructive notice.

Hence, the statement is false as Article of Association is a subpart of Memorandum of Association.