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Original Articles Of Incorporation Template for India

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Original Articles Of Incorporation

"I need Original Articles of Incorporation for a technology startup in Bangalore, India, to be incorporated in March 2025, with provisions for future foreign investment and employee stock options, suitable for a company planning to scale globally."

Document background
Original Articles of Incorporation are essential foundational documents required when establishing a new company in India under the Companies Act, 2013. This document must be prepared and filed during the company formation process and serves as the primary governing document that defines the company's internal management structure, operational rules, and relationships between stakeholders. The Articles outline crucial aspects such as share capital details, shareholder rights, transfer restrictions, board composition, meeting procedures, and other governance matters. While companies can adopt the model articles provided in Table F of the Companies Act, most businesses customize their Articles of Incorporation to suit their specific needs while ensuring compliance with Indian legal requirements. This document remains crucial throughout the company's existence and can only be modified through special resolutions passed by shareholders.
Suggested Sections

1. Name and Registered Office: States the company name and address of the registered office

2. Interpretation: Defines key terms used throughout the Articles

3. Share Capital and Variation of Rights: Details the authorized share capital, types of shares, and rights attached to different classes of shares

4. Lien: Company's lien on shares and enforcement procedures

5. Calls on Shares: Provisions regarding making calls on partly paid shares

6. Transfer of Shares: Procedures and restrictions for transferring shares

7. Transmission of Shares: Rules regarding transmission of shares in case of death or insolvency

8. Forfeiture of Shares: Circumstances and procedures for share forfeiture

9. Alteration of Capital: Procedures for increasing, reducing, or reorganizing share capital

10. General Meetings: Rules for conducting annual and extraordinary general meetings

11. Proceedings at General Meetings: Procedures for conducting meetings, voting, and resolutions

12. Board of Directors: Composition, appointment, removal, and powers of directors

13. Powers and Duties of Directors: Scope of directors' authority and responsibilities

14. Proceedings of Board: Procedures for board meetings and decision-making

15. Chief Executive Officer, Manager, Company Secretary or Chief Financial Officer: Appointment and roles of key managerial personnel

16. Common Seal: Provisions regarding the company's common seal and its use

17. Dividends and Reserve: Rules for declaring and paying dividends

18. Accounts: Maintenance and audit of financial records

19. Winding Up: Procedures for company dissolution

20. Indemnity: Protection of officers and directors from liability

Optional Sections

1. Preliminary: Additional introductory provisions, used when company needs specific foundational rules

2. Private Company Provisions: Specific restrictions for private companies, used when incorporating as a private limited company

3. Share Warrants: Provisions for issuing share warrants, used for public companies planning to issue warrants

4. Capitalization of Profits: Rules for bonus shares and capitalization, used for companies planning such activities

5. Buy-back of Shares: Procedures for share buyback, used when company wants this option

6. Foreign Ownership Provisions: Special provisions for foreign investment, used when foreign investment is anticipated

7. Managing Director: Special provisions for managing director appointment and powers, used when planning to have a managing director

8. Committees of Board: Rules for board committees, used for larger companies planning multiple committees

9. Corporate Social Responsibility: CSR provisions, mandatory for companies meeting certain profit thresholds

Suggested Schedules

1. Schedule I - Share Capital Structure: Detailed breakdown of share classes and rights

2. Schedule II - Initial Subscribers: List of initial shareholders and their shareholding

3. Schedule III - Board Composition: Details of initial directors and their terms

4. Schedule IV - Share Transfer Form: Standard form for share transfers

5. Schedule V - Board Committee Charters: Terms of reference for various board committees

6. Appendix A - Proxy Form: Standard form for appointing proxies for meetings

7. Appendix B - Seal Specifications: Design and specifications of the company seal

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Relevant Industries

Technology

Manufacturing

Financial Services

Healthcare

Retail

Real Estate

Education

Transportation

Energy

Agriculture

Media & Entertainment

Professional Services

Construction

Telecommunications

Hospitality

E-commerce

Mining

Pharmaceuticals

Automotive

Consumer Goods

Relevant Teams

Legal

Corporate Secretarial

Compliance

Corporate Affairs

Board of Directors

Corporate Governance

Regulatory Affairs

Executive Management

Finance

Risk Management

Relevant Roles

Company Secretary

Corporate Lawyer

Chief Executive Officer

Chief Legal Officer

Compliance Officer

Managing Director

Board Director

Legal Counsel

Corporate Governance Officer

Chief Financial Officer

Company Director

Legal Manager

Regulatory Affairs Manager

Corporate Affairs Manager

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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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