Background

John, Fran and Stan have purchased an off –the –shelf company, XYZ Ltd, from their solicitor. Their solicitor has advised them to change the name to make it more meaningful in relation to their film production business. The solicitor has also advised them to consider which of the company’s articles of association require changing?

Task-1

Which of the following CANNOT be changed, in relation to the company‘s articles of association?

A. The procedure for declaring dividends

B. The requirement for the company’s shares to be fully paid-up at the time they are issued

C. The name of the company

D. The procedure for changing the company’s articles