MOA (Memorandum of Association) and Articles of Association is the name given to a legal document which must be compulsorily formed during the initial incorporation of the company. It is like the constitution of the country. The memorandum consists of all possible norms that guide the external affairs of the company and defines its relationship with all of its shareholders.
It also comprises of the names of all the shareholders, number of shares held by the company and the proper address of the registered office of the country.
Memorandum of Association (MOA) includes six different clauses as mentioned below:
- Name Clause
- Situation Clause
- Object Clause
- Liability Clause
- Capital Clause
- Subscription Clause
The drafting of MOA needs profound knowledge about the Companies Act as well as a better understanding about the lines of business the client ventures in. Our legal experts draft the MOA and AOA after thorough discussion with the client.