Amendment of the Articles of Association of the Company Sample Clauses

The 'Amendment of the Articles of Association of the Company' clause defines the process and requirements for making changes to the company's foundational governing document. Typically, this clause outlines who has the authority to propose amendments—such as the board of directors or shareholders—and specifies the level of approval needed, often requiring a special resolution or a supermajority vote at a general meeting. Its core function is to provide a clear and structured mechanism for updating the company's rules and governance framework, ensuring that any changes are made transparently and with appropriate stakeholder consent.
Amendment of the Articles of Association of the Company. RESOLVED that subject to the provisions of Section 31 of the Companies Act, 1956, the Articles of Association of the Company be amended in the form and manner similar to the draft Articles of Association tabled before the Board and duly initialed by the Chairman for the purpose of identification of the Chairman. FURTHER RESOLVED, that a copy each of the above resolutions be signed by Mr. [•], Director of the Company and be forwarded to WNS (Mauritius) Limited, as a certified copy for their records. None Not applicable. Not applicable; intentionally left blank. a. Except as agreed in the annual business plan. a. Commencement of any new line of business, which is unrelated to the Business. b. Commencement of unit / division in a new geographical territory for product. (Business can come from any geography and therefore this has been deleted). c. Capital expenditure including acquisition of assets, construction or lease, in excess of INR 2 million per annum. d. The formation of, investment in, or operation by the Company of any subsidiary, or collective investment vehicle. e. Setting up of salary and benefits of any employee with a total cost to the Company or any of its subsidiaries exceeding INR 5 Million per annum f. Changes to material accounting policies or practices, or any change in the financial year for preparation of audited accounts.
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Amendment of the Articles of Association of the Company. Borrower shall notify to the Lender in relation with any amendment to the Company’s articles of association.
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Amendment of the Articles of Association of the Company. RESOLVED that subject to the provisions of Section 31 of the Companies Act, 1956, and subject to the approval of the members of the Company in general meeting by passing a special resolution of the shareholders, the Articles of Association of the Company be amended in the form and manner similar to the draft Articles of Association tabled before the Board and duly initialed by the Chairman for the purpose of identification. FURTHER RESOLVED, that a copy each of the above resolutions be signed by Mr. [•], Director of the Company and be forwarded to WNS (Mauritius) Limited, as a certified copy for their records. RESOLVED FURTHER, that Mr. [___] of the Company be and is hereby authorized to file the amended copy of the Articles of association of the Company and file such others as are required to be filed with the Registrar of Companies, Karnataka.
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Amendment of the Articles of Association of the Company. 11.1 The Company undertakes to amend the Articles of Association of the Company in such a manner that, after the amendment of the Articles of Association of the Company, all the shares in the Company will have equal rights, to all intents and purposes, with the exception of that stated in clause 6 above and the decision taken at the General Assembly of the shareholders in the Company, will pass by a regular majority of the shareholders subject to the law. 11.2 The Articles of Association of the Company will also be amended in such a manner that each group of shareholders in the Company which together holds 15% of the issued and paid up share capital of the (including vested options) will have the right to appoint one director on its behalf.
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Amendment of the Articles of Association of the Company. At or before the Closing, Investor shall amend the articles of association of the Company (the “Articles of Association”) so that they are in accordance with the agreed form reflected in Schedule 2, which will include converting the Existing Shares into 18,000 ordinary shares in the capital of the Company, each ordinary share having a nominal value of €1.00.
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Related to Amendment of the Articles of Association of the Company

  • Memorandum and Articles of Association The Company shall not take any action or omit to take any action that would cause the Company to be in breach or violation of its Amended and Restated Memorandum and Articles of Association.

  • Articles of Association At the Effective Time, the Articles of Association of Merger Sub, as in effect immediately prior to the Effective Time, shall be the Articles of Association of the Surviving Company, until duly amended as provided therein, herein and by applicable Law.

  • Amendment of Bylaws These bylaws may be altered, amended or repealed, and new bylaws made, by the Board of Directors, but the stockholders may make additional bylaws and may alter and repeal any bylaws whether adopted by them or otherwise.

  • Amendment of Organizational Documents The Borrower will not, nor will the Borrower permit any Credit Party to, amend or otherwise modify any of its Organizational Documents in a manner that is materially adverse to the Lenders, except as required by Applicable Laws.

  • Amendment of Certificate of Incorporation The Corporation reserves the right to supplement, amend, alter, change or repeal any provision contained in this Certificate of Incorporation, in the manner now or hereafter prescribed by the laws of the State of Delaware and this Certificate of Incorporation, and all rights conferred upon stockholders, directors and officers herein are granted subject to this reservation.