When drafting a resolution for shareholder approval to amend the company's articles of association, what must be mentioned?

The requirement to include the article number to be amended along with its new text in a resolution for shareholder approval to amend a company's articles of association is crucial. This ensures clarity and specificity regarding what changes are being proposed. By citing the specific article and detailing the new text, shareholders can accurately assess the implications of the amendment, understand the changes being made, and evaluate how these changes will affect the governance of the company.

The explicit mention of the article number helps in maintaining an organized record and makes it easier for shareholders and other stakeholders to refer back to the original articles once the changes have been made. It also helps avoid any ambiguity about the amendments being proposed, ensuring that all parties have a clear understanding of what is being voted on.

In contrast, including the complete text of every article would be unnecessarily comprehensive for approval purposes and could overwhelm shareholders without providing additional clarity. Similarly, referencing only the sections that remain unchanged would not address the specific amendments under discussion. Lastly, including the history of the articles of association would be irrelevant to the decision at hand, as shareholders typically need to focus on the immediate proposed changes rather than the historical context.