Untitled Deck Flashcards
1
Q
What is the relevant law for creating companies?
A
Companies are created by a process established by company law (i.e. Companies Act, 2017).
2
Q
What is the memorandum of association?
A
A company must have a written constitution called the memorandum of association, which focuses on external stakeholders.
3
Q
What are articles of association?
A
The bye-laws that focus on the internal procedures of a company are called articles of association.
