Purpose. This document forms the constitution of ABC Lt

Purpose
 This document forms the constitution of ABC Ltd.
Governance
 The company can use the structure of the corporate governance by
following the Good governance principles of the ASX relevant for the 2018
edition.
Rule
 Section 135 of the Corporations Act 2001, hereinafter referred to as CA in
this document govern the company.
 The clauses present in this constitution can supersede any replaceable
rules present in the CA which means that the rules will be applied in the
situations or incidents where the company has not supplied any provision.
Shares
Any organization registered in Australia possesses the right of issuing shares as
per the provisions of the CA. hence on this condition the company also will
possess the right to issue shares.
The shares selected by the organization to issue are:
1. A company can issue ordinary shares as well as general shares for its
share holders. These shares will be denoted as class A shares and will be
given ordinary dividends together with voting rights.
2. The company will also issue preference shares for its share holders. Such
shares will be denoted as class-B shares and will be given preference
dividends and voting rights as given in section 254 of the CA.
Limitations on the company’s power
 The activities as well as activities of ABC Ltd is limited to only those
activities that involve gold mining and any other kind of activities other
than this will be termed as void. Such rule will be subjected to the section
125 provisions contained in CA. The company even has the right to sue an
executive if he has breached this authority.
Amendments
The constitution of the company can be amended only when the above
mentioned rules are complied with as given u/s 136 of the CA
Registration
The registration of the company is done duly in compliance with sections 117
and 112 of the CA.