How to change articles of association?

Question

926 viewsMay 7, 2013Corporate Law

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Unsworth December 2, 2012 0 Comments

How can a company change its articles of association and kind of procedures it must follow to do that?

2 Answers

score 0 · Answer 1 · 2012-12-02T22:31:46+00:00

You can change the articles of association if you get 75% of the shareholders votes which is also called a special resolution.

score 0 · Answer 2 · 2013-05-07T23:04:29+00:00

You need a special or extraordinary resolution to change the articles of association. A special resolution required more than 75% of the votes while an ordinary resolution is simple majority (>50%).