Founding Principles: The Memorandum of Association

The Memorandum of Association is a legal document that outlines the company's objectives, powers, and the scope of its activities. more


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Frequently asked questions

  1. A memorandum of association is a legal document that sets out the fundamental principles and objectives of a company. It is one of the key documents required for the formation of a company.

  2. A memorandum of association should include the name of the company, the registered office address, the objectives of the company, and the amount of share capital the company intends to issue.

  3. TYes, a memorandum of association is a public document that can be accessed by anyone who wishes to obtain a copy. It is filed with the Registrar of Companies as part of the company registration process.

  4. Yes, a company can amend its memorandum of association by passing a special resolution and filing the amended document with the Registrar of Companies. However, any amendment must be within the legal requirements and limitations set out in the Companies Act.

  5. A memorandum of association sets out the fundamental principles and objectives of a company, while articles of association define the rules and regulations governing the internal management of the company, such as the rights and responsibilities of directors and shareholders, the procedures for holding meetings, and the distribution of profits.

  6. Yes, a memorandum of association is a mandatory requirement for all types of companies, including private limited companies, public limited companies, and companies limited by guarantee.

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