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Articles of Incorporation General Stock is a mandatory legal document required when establishing a public limited company in India under the Companies Act, 2013. This document is filed with the Registrar of Companies and serves as the company's constitutional document, defining its purpose, structure, and operational framework. It contains essential information about the company's share capital, shareholder rights, board composition, and corporate governance procedures. The document is particularly crucial as it establishes the relationship between the company and its stakeholders, including shareholders, directors, and officers. It must comply with Indian regulatory requirements and is often prepared in conjunction with the Memorandum of Association. Once registered, it becomes a public document and can only be altered through special resolution procedures specified by law.

1. Name and Registered Office: States the company name and registered office address as approved by the Registrar of Companies

2. Preliminary: Contains interpretations, definitions, and application of Table F of Companies Act, 2013

3. Public Company and Share Capital: Declares the company as a public company and specifies authorized share capital, types of shares, and share capital structure

4. Share Rights and Modifications: Details the rights attached to different classes of shares and procedures for modifying these rights

5. Share Certificates: Procedures for issuing, transferring, and replacing share certificates

6. Calls on Shares: Provisions regarding payment calls on partly paid shares and consequences of non-payment

7. Transfer and Transmission of Shares: Procedures and restrictions for transferring shares and transmission in case of death/bankruptcy

8. Forfeiture and Surrender of Shares: Conditions and procedures for share forfeiture and surrender

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

10. Proceedings at General Meetings: Procedures for conducting meetings, voting rights, and passing resolutions

11. Board of Directors: Composition, appointment, removal, and powers of the Board of Directors

12. Proceedings of Board Meetings: Rules for conducting board meetings and decision-making processes

13. Powers of the Board: Scope and limitations of the Board's authority

14. Managing Director and Whole-time Directors: Appointment, powers, and responsibilities of executive directors

15. Dividends and Reserves: Rules for declaring dividends and maintaining reserves

16. Accounts and Audit: Requirements for maintaining accounts and conducting audits

17. Winding Up: Procedures for voluntary winding up and distribution of assets

18. Indemnity and Insurance: Provisions for indemnifying directors and officers