Concept:The document that lays down the internal regulations for managing a limited liability company is the Articles of Association.
Explanation:The Certificate of Incorporation only confirms the legal existence of the company.
The Prospectus is an invitation to the public to subscribe for shares.
The Memorandum of Association defines the company’s relationship with outsiders, including its name, objectives, and share capital.
The Articles of Association contain the internal rules for running the company, such as conduct of meetings, transfer of shares, and powers of directors.
Hence, the correct option is the Articles of Association.
Answer:C. Article of Association