Understanding Memorandum of Association (MOA): The DNA of a Company When you think of a company, you probably picture a brand, a business office, or its people. But the true identity of a company lies in a legal document known as the Memorandum of Association (MOA) . This document forms the foundation of a company's legal existence and defines its relationship with the outside world . What is a Memorandum of Association (MOA)? The MOA is a legal document that outlines the objectives, powers, and scope of a company. It tells the world: Why the company exists What business it can carry out Where it is located How much capital it holds Under the Companies Act, 2013 in India, Section 4 clearly outlines the contents and importance of the MOA. Clauses in the MOA Name Clause – Specifies the legal name of the company. Registered Office Clause – States the state in which the company’s registered office is situated. Object Clause – The most important clause; ...
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