MEMORANDUM OF ASSOCIATION
Meaning: It is main or principal documents or charter document which Regulates the relationship with the outside world.
Purpose:
1. It lays down the power of the company.
2. It is public document and is open for inspection.
Clause:
1. The Name Clause: Should not be undesirable in the opinion of the CG
2. The Registered office clause:
3. Objects Clause: Main object | any matter considered necessary in furtherance thereof|
4. The Liability Clause.
5. The Capital Clause
6. The Subscription Clause: Signatories to the MOA.
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