ABSTRACT
Since the advent of the Companies Act 2006, a company will effectively have a single constitution rather than the two components of memorandum and articles that prevailed before the Companies Act 2006. This will be the articles. As noted in Chapter 5, the new-style memorandum is a document in a prescribed form stating that the subscribers intend to form a company and undertake to become members and to take at least one share each (s 8 CA 2006). The previous chapter considered some of the vital provisions of the constitution and also how a company may change its status.
