Explain the statutory provisions under which a company may alter its articles of association.

• Under the provisions of the Companies Act, a company may by special resolution alter or add to its articles.
• Any alteration or addition to the articles is as valid as if originally contained in the articles and may be altered by special resolution.
• Any alteration to the articles must not increase the liability of members or require them to take up more shares without written consent.
• The alteration must not exceed the conditions contained in the memorandum of association of the company.