This document contains the name of the company, the purpose for which the company was create if the company is limited by shares, the total amount of money that has been raised by the company in exchange for shares and the particulars of shareholders of the company. Community Interest Company Limited by Guarantee. In simple words, the MOA is the foundation on which the company is built. Memorandum of Association.
In this article, we will look at the laws and regulations that govern the MOA.
A memorandum of association must be attached to the application for registration. The expiry date of a memorandum of association is six months after the document has been dated and signed. Items the memorandum of association must contain.
It is often simply referred to as the memorandum. In the UK, it has to be filed with the Registrar of Companies during the process of incorporating a company. The articles of association includes the responsibilities and powers of the directors and the means by which the members exert control over the board of directors.
This memorandum of association and bye-laws is a consolidated version not formally adopted by the shareholders of ITC Properties Group Limited at a general meeting.