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1. Name Clause: States the proposed name of the company with 'Limited' or 'Private Limited' suffix as approved by the Registrar of Companies
2. Registered Office Clause: Specifies the state where the registered office of the company will be situated
3. Objects Clause: Details the main objects, ancillary objects, and other objects of the company's business activities
4. Liability Clause: Declares the limited liability nature of the shareholders
5. Capital Clause: States the authorized share capital of the company and its division into shares of fixed amounts
6. Association Clause: Declaration by subscribers to form the company and their agreement to take shares
7. Definitions and Interpretation: Defines key terms used throughout the articles and rules for interpretation
8. Share Capital and Variation of Rights: Details the types of shares, share certificates, transfer procedures, and variation of share rights
9. Board of Directors: Provisions regarding appointment, removal, powers, and duties of directors
10. Meetings: Rules for conducting board meetings and general meetings
11. Management: Provisions for company management, including appointment of key managerial personnel
12. Dividends and Reserves: Rules governing declaration and payment of dividends and creation of reserves
1. Preferential Rights: Include when the company plans to issue shares with special rights or preferences
2. Foreign Investment Provisions: Required when the company expects foreign shareholders or investments
3. Tag-Along and Drag-Along Rights: Include for companies expecting significant investor participation or future M&A activities
4. Technical Collaboration: Required when the company plans technical partnerships or licensing arrangements
5. Special Rights to Founders: Include when founders need specific rights or protections
6. Employee Stock Options: Include if the company plans to offer employee stock ownership programs
7. Arbitration and Dispute Resolution: Optional detailed dispute resolution mechanisms beyond standard provisions
1. Schedule I - Details of Subscribers: Contains names, addresses, and shareholding details of initial subscribers
2. Schedule II - Forms of Share Certificates: Templates for share certificates and related documents
3. Schedule III - Board Committees: Structure and terms of reference for various board committees
4. Schedule IV - Initial Directors: Details of first directors of the company and their terms
5. Schedule V - Share Transfer Forms: Standard forms for share transfer and transmission
6. Appendix A - Company Seal: Design and usage guidelines for the company seal
7. Appendix B - Initial Shareholders Agreement: Terms agreed between initial shareholders, if any
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