Companies / Jul 27, 2021

Adopting a New Company Constitution with NTAA Corporate

Brent Jones
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If your clients have lost their company constitution, or they have an old memorandum and articles or constitution that has become restrictive NTAA Corporate can assist by issuing an adoption of a constitution for proprietary limited companies.

Most companies can repeal or amend their constitution by special resolution. However, some companies may have additional requirements (e.g. the consent of a governing director). This is rare, but if it is the case with this company, you will need to notify us of the requirement in Special Instructions and upload a copy of the constitution before we can prepare the documents. All constitution adoptions will be processed on the assumption that a special resolution alone will be sufficient, unless we are otherwise instructed.

NTAA Corporate’s Company Constitution:  allows for single director companies is flexible and allows for different classes of shares includes robust dispute resolution clauses allows for special purpose companies (solely as trustee of SMSF) can either give the chair a casting vote to break deadlocks, or not give the chair a casting vote, which means in the event of a deadlock that can’t be broken, the members can request that the matter be referred for decision by arbitration Order NTAA Corporate’s Adoption of Constitution for $99. 
 
Make the most of your NTAA membership by starting your order today from our easy to use online system.
Order Now To learn more about NTAA Corporate’s Adoption of Constitution call our friendly team on 1800 799 666.

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