DIR-3 KYC FILING
PRICE: 999 799
What is
the Memorandum of Association?
Memorandum of Association (MOA) is a legal
document which specifies the scope of business activities of the company
and information about shareholding of the company. The MOA is a document
prepared for the Company registration procedure. Memorandum
of Association (MOA) defines the company’s relationship with its shareholders.
It is the most important document of a company as it states the objectives of
the company. It also contains the powers of the company within which it can
act.
The Memorandum of Association (MOA) helps establish the
extent and scope of the business activities that a particular company can carry
out. The company can perform business activities which they have specified in
the Memorandum of Association (MOA). MOA is used to define the company’s
relationship with the shareholders. The MOA is a document of public record i.e.
anyone who wishes to see a company’s MOA can do so under the Right to
Information (RTI) Act. MOA also describes the company’s name, the physical
address of the registered office, names of shareholders and the distribution of
shares.
Memorandum of
Association (MOA) consists of the following clauses :
i. Main
Objective: It states the main
business of the company
ii. Incidental
Objective: These are the
objects ancillary to the attainment of main objects of the company
iii. Other objectives: Any other objects which the company may
pursue and are not covered in above (a) and (b)
Copyright © 2019 FilingBazaar Legal Services Private Limited. All rights reserved.