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M.O.A Amendment

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The Memorandum of Association or MOA is the legal document that has to be filed with the registrar of companies at the time of incorporation of the company.

M.O.A Amendment

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The Memorandum of Association or MOA is the legal document that has to be filed with the registrar of companies at the time of incorporation of the company. It is often called as a memorandum and is comprised of fundamental conditions on the basis of which a company operates.

 

CONTENTS OF MEMORANDUM
  • Name clause- This clause contains a name of a company as confirmed by the registrar of companies. The name should be followed by the word “limited” in the case of a public company and “Private Limited” if the company is proposed to be registered as a private company. One person company shall also describe as ‘one Person Company’ in bracket.
  • Registered office clause-A registered office is the official address of an incorporated company, association or any other legal entity. Generally it will form part of the public record and is required in most countries where the registered organization or legal entity is incorporated.
  • Objects clause-An object clause is a provision in a company’s constitution that is Memorandum of Association, stating the purpose and range of business activities for which the company can be carried on.
  • Liability clause-Liability clause mentions the liability of members of the company- In case of a company limited by shares, Memorandum of Association must have a clause to the effect that the liability of the members is limited to the extent of the amount of the unpaid portion of the shares held by him.

 

Capital clause-Memorandum of Association of a limited company having share capital (i.e. company limited by shares or company limited by guarantee having share capital) must also state the amount of share capital with which the company is to be registered which is usually called authorized or nominal capital.

 

For any other query, Please contact Registration Karwalo Team @ +918260008585

 

M.O.A Amendment
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