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Company No. 1151132 The Companies Act 1985 Company Limited by Guarantee And Not Having a Share Capital Memorandum of Association (As adopted by Special Resolution passed on 7th December 1977 and as

How to fill out memorandum of association

How to fill out a memorandum of association:

1. Start by obtaining a blank memorandum of association form from the relevant government authority or legal body.
2. Begin by entering the name of the company or organization that the memorandum of association is being prepared for. Ensure that the name is accurate and follows any naming conventions or regulations.
3. Include the registered office address of the company or organization. This is the official address where legal documents and correspondence will be sent.
4. Specify the objectives or purpose of the company or organization. This could include details about the business activities, services provided, or the goals and mission of the entity.
5. Define the authorized share capital of the company or organization. This refers to the maximum value of shares that can be issued and is divided into shares of a specific nominal or face value.
6. Include details about the shareholders or members of the company or organization. This includes their names, addresses, and the number of shares held by each individual or entity.
7. Outline any restrictions or provisions regarding the transfer of shares. This could include limitations on who shares can be sold or transferred to, procedures for transferring shares, or any requirements for shareholder approval.
8. Specify the liability of the members or shareholders. This will determine whether they have limited liability or unlimited liability in relation to the debts and obligations of the company or organization.
9. Indicate the initial directors or officers of the company or organization. This includes their names, addresses, and positions within the entity.
10. Obtain the necessary signatures of the shareholders or members. Each person listed in the memorandum of association should sign and date the document, indicating their agreement and acceptance of the contents.

Who needs a memorandum of association:

1. Companies: Memorandum of association is a legal requirement for incorporating a company. It is needed by entrepreneurs and businesses looking to establish a legal entity for operations.
2. Non-profit organizations: Non-profit organizations, such as charities, foundations, or associations, may also require a memorandum of association to establish their official presence and governance structure.
3. Legal entities: Any entity seeking legal recognition and protection, including partnerships, cooperatives, or societies, may need a memorandum of association as part of their formation process.

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What is memorandum of association?

The memorandum of association is a legal document that sets out the constitution and objectives of a company.

Who is required to file memorandum of association?

All companies, whether private or public, are required to file a memorandum of association.

How to fill out memorandum of association?

Memorandum of association can be filled out by providing necessary information like company name, objectives, share capital, registered office address, and details of shareholders.

What is the purpose of memorandum of association?

The purpose of memorandum of association is to define the scope of activities that a company can engage in and to establish the limits of its liability.

What information must be reported on memorandum of association?

The memorandum of association must include company name, objectives, share capital, registered office address, and details of shareholders.