this contains short description about articles of tata consultancy service limited (tcs).

1. AOA OF TCS
Presented by
MANOJ JAISWAL

2. JOINT STOCK COMPANY
 According to the company act,1956 “Joint
stock company is an artificial person
recognised by law with its unique name,
having common capital, common seal,
limited liability, and having perpetual
succession.”
 It is a voluntary association of person to carry
on the business.
 It is of different types according to liability,
ownership, incorporation, number of
members.

3. WHAT IS AOA
 Articles of association is a document of
company that specifies the regulations of the
company’s operation, and they defines
company purpose.
 Articles of association contain the power,
duties, and responsibility of the company.
 It can also be altered by passing Special
Resolution (SR) at Annual General Meeting
(AGM).

4. TATA CONSULTANCY SERVICE LIMITED (TCS)
 TCS is an Indian multinational information
technology (IT) service, consulting, and
business solution company.
 Founded in 1968.
 It is company limited by shares.
 It is public limited company and subsidiary of
TATA GROUP.
 It operates in 46 countries, headquartered in
Mumbai, Maharashtra.

5. Capital and shares
 The present authorised share capital of the
company is 325 crore divided into 225 crore equity
share of Re.1 each and 100 crore redeemable
preference share of Re1 each.
 The board may, from time to time with the sanction
of company in general meeting, increase the share
capital by such sum to be divided into shares of
such amounts as the resolution shall prescribe.
ARTICLES OF TDS

6. GENERAL MEETING
 A general meeting of the company may be called by
giving not less than 21 days notice in writing.
 The ordinary business of an general meeting shall be to
receive and consider P/L account, balance sheet, and
the report of board of directors, and of the auditors and
to declare dividends.
 No business shall be transacted at any general meeting
unless a quorum of member is present at the time of
meeting.
 Five members entitled to vote and present in person
shall be a quorum at a general meeting.

7. The seal
The seal of company shall not be
affixed to any instrument except by
the authority of a resolution of the
board of directors, and except in the
presence of at least one director.

8. AUDIT
 In every financial year the account of
company shall be examined and the
correctness of p/L account and balance
sheet shall be done by one or more auditors.
 The auditors shall be appointed/re-appoint by
the company in the general meeting and
remuneration, right and duties shall be
regulated by sec 224 to 233 of the act.

9. Secrecy
Every directors, secretory, trustee for
the company, its members, or
debenture holders, member of a
committee, officers, servant, agent,
accountant on other person employed
in or about the business of the
company shall if so required by the
board before entering upon his duties
sign a declaration pledging himself to
observe secrecy reopening all
transaction of the company to its
customers.

10. BOARD OF DIRECTORS
 The business of the company shall be managed by
BODs.
 Unless otherwise determined by a general meeting
of the company, the no. of BODs shall not be less
than 3 and more than 15.
 The board shall have power at any time and time to
time , appoint any qualified person to be additional
director(s), but the total no. of director shall not
exceed maximum no. and any such additional
director shall hold office only up to the date of the
next AGM.

11. CONTD…
 A retiring director shall be eligible for re-election.
 The fee payable to a director for attending a
meeting of the board or committee thereof shall
be decided by board of directors from time to
time with in the maximum limit prescribed under
sec 310 of the company act, 2013
 The directors are not required to hold any
qualification shares.

12. ACCOUNTS
 The company shall cause to be kept proper books of
account with respect to:
receipt and payment take place,
sales and purchase made by the company,
the assets and liabilities of the company.
 The books of account shall be kept at the registered office of
the company or such other place in India as BODs shall
think fit and shall open to inspection during the business
hours.
 The company shall send a copy of balance sheet and profit
and loss accounts with a copy of auditors report to the
registered address of every member, every debenture/bond
holders.

13. WINDING UP
 If the company shall be wound up and the
assets available for distribution among the
member as such shall be insufficient to repay
the whole of paid up capital, the assets shall be
distributed to the members as early as may be.
 The losses shall be borne by the members in
the ratio of capital paid up.(in case of loss)
 If in case the assets is available after
distribution of member, the excess of assets
shall be distributed among the members in the
ratio of capital paid up.

14.  `