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THE COMPANIES Act 2006 ISLE OF MAN COMPANY LIMITED BY SHARES MEMORANDUM OF ASSOCIATION OF INFRASTRUCTURE INDIA PLC THE COMPANIES ACTS 2006 ISLE OF MAN COMPANY LIMITED BY SHARES MEMORANDUM OF ASSOCIATION
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How to fill out memorandum of association
How to fill out a memorandum of association:
01
Begin by including the company's name, registered office address, and object clause. This clause outlines the main purpose and activities of the company.
02
Mention the capital clause, specifying the amount of authorized share capital and the division of shares among shareholders.
03
State the liability clause, indicating the liability of the company's members in case of liquidation or winding up.
04
Include the association clause, which states that the subscribers to the memorandum agree to form a company and become its initial members.
05
Set out the subscriber's details, including their names, addresses, occupations, and the number of shares they are subscribing for.
06
Ensure that the memorandum is signed and dated by each subscriber in the presence of at least one witness.
Who needs a memorandum of association?
01
Companies: Memorandum of association is required for every company during its incorporation process.
02
Shareholders: Memorandum of association serves as a contractual agreement between the shareholders of a company, defining their rights, liabilities, and obligations.
03
Investors: Investors or potential shareholders may request to review the memorandum of association to understand the company's structure, capital, and objectives before making investment decisions.
04
Legal authorities: Memorandum of association is a legally binding document that provides important information about the company, such as its name, registered office address, and shareholders' details. These details are necessary for regulatory compliance and maintaining transparency in business operations.
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What is memorandum of association?
The memorandum of association is a legal document that defines the constitution and scope of activities of a company.
Who is required to file memorandum of association?
Companies are required to file memorandum of association as part of their registration process.
How to fill out memorandum of association?
Memorandum of association can be filled out by providing details about the company's name, location, objectives, and capital structure.
What is the purpose of memorandum of association?
The purpose of memorandum of association is to provide transparency and legal protection to shareholders and creditors.
What information must be reported on memorandum of association?
Memorandum of association must include details about the company's name, registered office, objectives, and share capital.
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