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Simple Articles Of Organization
"I need Simple Articles of Organization for my new IT consulting firm that will be incorporated in Bangalore by March 2025, with two directors and a single class of shares, keeping the structure as simple as possible for a small private company."
1. Article I - Name and Office: States the official name of the company and address of the registered office
2. Article II - Purpose: Describes the business purposes and activities the company is authorized to conduct
3. Article III - Share Capital: Details of authorized share capital, types of shares, and their nominal value
4. Article IV - Members/Shareholders: Rights, responsibilities, and obligations of members/shareholders
5. Article V - Directors: Composition of board, appointment, removal, and powers of directors
6. Article VI - Meetings: Procedures for conducting board and shareholder meetings
7. Article VII - Management: Basic management structure and operational procedures
8. Article VIII - Seal: Provisions regarding the company seal and its use
1. Article on Share Transfer Restrictions: Include when specific restrictions on share transfers are desired, particularly for private companies
2. Article on Additional Classes of Shares: Include when the company plans to issue different classes of shares with varying rights
3. Article on Committees: Include when specific committees need to be established with defined roles
4. Article on Foreign Investment: Include when foreign investment is expected or company has international operations
5. Article on Borrowing Powers: Include when specific borrowing limits or procedures need to be defined
1. Schedule A - Initial Subscribers: List of initial subscribers/shareholders with their shareholding details
2. Schedule B - Initial Directors: Details of first directors of the company
3. Schedule C - Share Capital Structure: Detailed breakdown of share capital, including different classes if applicable
4. Appendix 1 - Forms of Share Certificates: Templates for share certificates to be issued by the company
5. Appendix 2 - Board Resolution Templates: Standard templates for common board resolutions
Authors
Information Technology
Manufacturing
Retail
Professional Services
Financial Services
Healthcare
Real Estate
Education
E-commerce
Consulting
Transportation
Agriculture
Construction
Energy
Entertainment
Legal
Corporate Secretarial
Compliance
Corporate Affairs
Board of Directors
Executive Leadership
Risk Management
Corporate Governance
Business Development
Finance
CEO
Company Secretary
Corporate Lawyer
Legal Counsel
Compliance Officer
Director
Board Member
Chief Financial Officer
Corporate Governance Officer
Managing Director
Incorporation Specialist
Legal Administrator
Risk Management Officer
Corporate Affairs Manager
Business Development Manager
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