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Minimum 1000word (no handwriting) (a) Explain what is company constitution. Elaborate the contents of the constitution. Is it compulsory for a company to adopt the

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Minimum 1000word (no handwriting)

(a) Explain what is company constitution. Elaborate the contents of the constitution. Is it compulsory for a company to adopt the constitution from the Companies Act 2016? (10) (b) When a constitution is adopted and registered, it binds the company and the members as if it is a contract under seal. Explain. ( 10 )

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