Updating mem arts
In such a case the memorandum and articles must not hinder the smooth running of the company.
For example, one should avoid including overly demanding notice and quorum requirements for members’ meetings.
Companies are permitted only to do what is authorised by their objects clause.
Unlike unincorporated organisations, a company has a separate legal existence from its members.The guidance will help you select the appropriate model, introduce you to the mem and arts, and answer many of your questions.You can use the memorandum of association template.You can’t update the memorandum once the company has been registered.You can use standard articles (known as ‘model articles’).