The memorandum and articles of association can normally be amended by a simple resolution of the members and usually ( subject to certain minor limitations ) by a resolution of directors, although some companies include restrictions on this process within their corporate constitution.
42.
The SC, Munir said, had the responsibility to ensure that the procedural steps required by the law were adhered to by companies listed on the Kuala Lumpur Stock Exchange, including amending their memorandum and articles of association which under the law, necessarily took some time.
43.
The main objects of the company as enshrined in its Memorandum and Articles of Association are to undertake Build-Operate-Transfer ( BOT ), is to construct a road infrastructure between Phulodi and Bikaner in the state of Rajasthan in India for National Highway Authority of India.
44.
The main objects of the company as enshrined in its Memorandum and Articles of Association are to undertake Build-Operate-Transfer ( BOT ), is to construct a road infrastructure between Shivpuri and Guna in the state of Madhya Pradesh in India for National Highway Authority of India.
45.
In a renewed effort to gain official recognition of charitable status, the board of WMUK had called an EGM to approve amended Objects and related charitable clauses in its Memorandum and Articles of Association pursuant to the advice of their legal team and the Charity Commission.
46.
In a circular to shareholders explaining the share buyback proposal, amendment to the memorandum and articles of association of the company and employee share option scheme, HICOM said that depending on the working mode of the proposed buyback, it would reduce the working capital of the group.
47.
ACP Industries Bhd ( ACPI )'s shareholders have been advised to vote in favour of the company's proposed share buyback, amendment to its memorandum and articles of association, and waiver for Intria to make a mandatory general offer for the remaining shares in ACPI not already owned by them.
48.
Non-Irish counterparties need to be sure that a counterparty has the specific power to trade financial derivatives : for example, if a company enters into a transaction outside of its objects in its memorandum and articles of association, the transaction may be void and unenforceable as " ultra vires ".
49.
Meanwhile commenting on the approval of the company's shareholders to amend its memorandum and articles of association to enable A & M Realty to purchase its own shares, Ng said that currently there are no plans to buy back its own shares and that the amendments were just stand-by measures.
50.
Meanwhile commenting on the approval of the company's shareholders to amend its memorandum and articles of association to enable A & AMP; M Realty to purchase its own shares, Ng said that currently there are no plans to buy back its own shares and that the amendments were just stand-by measures.
