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Changing a companys Articles of Association is a structured and formal process to make sure everything is legal and fits the companys evolving needs. It usually starts with a board resolution where directors suggest changes to the Articles. This decision comes after carefully looking at how the changes will affect how the company is run.
Getting approval from shareholders is a big step. This often happens with a special resolution at a general meeting. The special resolution needs a big majority vote, usually 75% or more, to show most shareholders agree with the changes.
Once shareholders agree, the company sends the changed Articles of Association to Companies House, which is the official registrar of companies in the UK. This means filling out the right forms and giving supporting documents.
Getting approval from shareholders is a big step. This often happens with a special resolution at a general meeting. The special resolution needs a big majority vote, usually 75% or more, to show most shareholders agree with the changes.
Once shareholders agree, the company sends the changed Articles of Association to Companies House, which is the official registrar of companies in the UK. This means filling out the right forms and giving supporting documents.
