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Articles Of Incorporation Worksheet Template for India

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Articles Of Incorporation Worksheet

"Need an Articles of Incorporation Worksheet for a technology startup planning to launch in March 2025, with provisions for future foreign investment and employee stock options, compliant with Indian startup regulations and accommodating potential Series A funding."

Document background
The Articles Of Incorporation Worksheet is a critical document required during the company formation process in India. It serves as a template for preparing the formal Articles of Incorporation, which must comply with the Companies Act, 2013, and related regulations. This document is mandatory when registering a new company with the Registrar of Companies (ROC) and contains essential information about the company's internal management structure, share capital, rights and duties of members, board proceedings, and other operational guidelines. It needs to be carefully drafted as it forms the foundation for all future corporate actions and governance matters. The worksheet helps ensure that all necessary provisions are included and properly structured before the final Articles of Incorporation are filed with regulatory authorities.
Suggested Sections

1. Name Clause: States the company name as approved by the Registrar of Companies

2. Registered Office Clause: Specifies the state where the registered office will be situated

3. Objects Clause: Details the main objectives and ancillary objectives of the company

4. Liability Clause: Declares whether liability of members is limited or unlimited

5. Capital Clause: States the authorized share capital and its division into shares

6. Association/Subscription Clause: Contains details of subscribers who wish to form the company

7. General Management and Administration: Rules regarding board meetings, general meetings, and company administration

8. Share Capital and Rights: Provisions regarding share types, rights, transfers, and certificates

9. Board of Directors: Rules regarding appointment, removal, powers, and duties of directors

10. Meetings and Proceedings: Procedures for conducting various company meetings

11. Accounts and Audit: Provisions for maintaining accounts and conducting audits

Optional Sections

1. Common Seal: Rules regarding the company seal (optional since Companies Amendment Act 2015)

2. Foreign Investment Provisions: Include when expecting foreign shareholders or investments

3. Preferential Rights: Include when creating different classes of shares with varying rights

4. Corporate Social Responsibility: Required only for companies meeting certain profit/turnover thresholds

5. Restrictive Covenants: Include for private companies wanting to restrict share transfers

6. Executive Committee: Include when planning to have specific committees beyond the board

7. Arbitration Clause: Include to specify dispute resolution through arbitration

Suggested Schedules

1. Schedule I - Initial Subscribers: Details of initial shareholders including their shareholding

2. Schedule II - Share Capital Structure: Detailed breakdown of share classes and rights

3. Schedule III - First Directors: List of first directors and their details

4. Schedule IV - Adoption Certificate: Certificate confirming adoption of the Articles

5. Appendix A - Forms of Share Certificates: Templates for share certificates

6. Appendix B - Proxy Forms: Standard forms for appointing proxies

7. Appendix C - Board Committee Charters: Terms of reference for various board committees

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions













































Clauses



































Relevant Industries

Technology

Manufacturing

Retail

Healthcare

Financial Services

Real Estate

Education

Entertainment

Agriculture

Energy

Transportation

Professional Services

Construction

Hospitality

E-commerce

Telecommunications

Relevant Teams

Legal

Corporate Secretarial

Compliance

Corporate Affairs

Board of Directors

Executive Leadership

Finance

Risk Management

Administrative

Corporate Governance

Relevant Roles

CEO

Company Secretary

Legal Counsel

Corporate Lawyer

Compliance Officer

Chief Financial Officer

Board Director

Managing Director

Company Founder

Corporate Governance Officer

Business Development Manager

Risk Management Officer

Legal Administrator

Corporate Affairs Manager

Business Owner

Startup Founder

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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