What is meant by Memorandum of Association?

A Memorandum of Association is a legal document that sets out the constitution and objectives of a company. It contains the fundamental conditions upon which the company is incorporated, including the company's name, registered office address, objectives, and details of its shareholders and share capital. It is one of the key documents required for the formation of a company and must be submitted to the relevant government authority during the registration process.

A Memorandum of Association (MoA) is a legal document that sets out the constitution of a company. It is required by law in most jurisdictions and must be filed with the relevant government authority when a company is incorporated.

The MoA contains the following information:

- The name of the company
- The registered office of the company
- The objects of the company
- The authorized share capital of the company
- The number of shares into which the authorized share capital is divided
- The names of the first directors of the company
- The date of incorporation of the company

The MoA is a public document and can be inspected by anyone. It is important to note that the MoA is not a contract between the company and its shareholders. It is simply a statement of the company's constitution.

The MoA can be amended by a special resolution of the shareholders. A special resolution requires the support of at least 75% of the shareholders.

Is a legal statement signed by shareholders when agreed to form a limited company