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What is memorandam of association?

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What is memorandam of association?

Posted by Yuvi Patel 6 years, 4 months ago

CBSE > Class 11 > Business Studies

2 answers

Sia ? 6 years, 4 months ago

Memorandum of Association defines the objects for which the company is formed. This is the main document of the company and is subordinate to the Companies Act. Memorandum of Association defines the relationship of the company with outsiders. Acts beyond the Memorandum of Association are invalid and cannot be ratified even by a unanimous vote of the members. Every company has to file a Memorandum of Association.

Khushi Delio 6 years, 4 months ago

MoA is the legal document which is important for both public and private compnies. In this all the information related to company is to be shown. This is submited to registrar.

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