This article is more than 24 months old and is now archived. This article has not been updated to reflect any changes to the law.
With changing law and changing technology, it is important that a company's founding document – its Constitution – continues to be compliant, meets the requirements of its daily activities and is written in plain language. Cleardocs has recently undertaken a simplification of its existing Company Constitution product. To mark the release of this product, this article outlines the benefits that a simple Constitution can offer.
Melissa Ramov, Maddocks LawyersThe Cleardocs Constitution was updated when this change was first introduced. However, companies which have not updated their Constitutions since 2010 are likely to have an unnecessary restriction on the declaration of dividends remaining.
The simplified Company Constitution product will be offered by Cleardocs from early April 2018.
For more information, contact Maddocks on (03) 9258 3555 and ask to speak to a member of the Commercial team.
You can read earlier ClearLaw articles on a range of company registration topics.
Qualifications: BA, LLB, Deakin University
Sophie is a member of Maddocks Commercial team. She is a corporate and commercial lawyer with a particular focus on:
She regularly assists clients across multiple sectors including consumer markets (beauty and retail), industrial (manufacturing and distribution) and financial services. Her private sector clients include multinationals, private equity funds and founders.
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