Skip to main content

Posts

Showing posts with the label Memorandum of AssociationMOA case lawCompany Law IndiaCompanies Act 2013Ultra Vires DoctrineLegal document of companyMOA vs AOAAshbury Railway caseObject clause company lawMOA amendment processCorpora

Understanding Memorandum of Association (MOA): The DNA of a Company

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; ...