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MEMORANDUM OF ASSOCIATION OF THE INDIAN COUNCIL OF ARBITRATION (A Society under the Societies Registration Act 1860) 1. The name of the Society is The Indian Council of Arbitration. 2. The office
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How to fill out memorandum of association:

01
Begin by writing the name of the company, including the word "Limited" at the end, followed by the official registered address.
02
State the objectives of the company, specifying the main purpose for which it is incorporated. This can include any lawful business activity or activities.
03
Determine the authorized share capital of the company, which should be divided into shares of a certain value. Include the amount of each share and the total number of shares.
04
Outline the liability of the shareholders in case the company is wound up. Specify whether the liability is limited or unlimited.
05
State the names, addresses, and occupations of the subscribers (i.e., the initial shareholders) of the company. Each subscriber must sign their name and indicate the number of shares they are subscribing to.
06
Include the witness details, such as their name, address, and occupation. The witnesses must also sign and date the memorandum of association.

Who needs memorandum of association:

01
Companies: All companies, whether private or public, are required to have a memorandum of association. It is a legal document that defines the company's objectives and outlines the relationship between the company and its shareholders.
02
Shareholders: The memorandum of association is important for shareholders as it clarifies their rights and obligations regarding the company.
03
Potential investors: Investors who are considering investing in a company will often request the memorandum of association to understand the company's objectives, structure, and potential risks involved.
04
Government and regulatory authorities: The memorandum of association is a crucial document for government and regulatory authorities to ensure compliance with the law and regulations pertaining to companies.
05
Banks and financial institutions: Banks and financial institutions may request the memorandum of association as part of their due diligence process when providing loans or other financial services to a company.
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The memorandum of association is a legal document that sets out the constitution of a company and defines the company's objectives and powers.
All companies are required to file a memorandum of association as part of the incorporation process.
The memorandum of association must be filled out with the necessary company details, such as the company name, registered office address, and objectives.
The purpose of the memorandum of association is to provide clarity on the company's scope of activities and to protect the interests of shareholders and creditors.
The memorandum of association must include the company name, registered office address, objectives, and details of the initial shareholders.
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