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The Companies Act 1985 and 1989 Company Limited by Guarantee and not having a Share Capital MEMORANDUM OF ASSOCIATION OF COMMUNITYPOLICE CONSULTATIVE GROUP FOR LAMBERT 1 1. Name The name of the company

How to fill out memorandum of association

How to fill out a memorandum of association?

1. Start by gathering the necessary information: You will need to collect the details of the proposed company, such as the company name, registered office address, objectives of the company, and the names and addresses of the subscribers (individuals or companies forming the company).
2. Decide on the company's name: Choose a unique and suitable name for your company. Remember to check if the name is available and complies with any legal requirements or restrictions.
3. Determine the objective(s) of the company: Clearly define the purpose or objectives of your company. This section should specify the business activities that the company is authorized to engage in.
4. Specify the authorized share capital: State the total value of the shares that the company is authorized to issue. This amount can be changed later by the shareholders through an amendment to the memorandum of association.
5. Include provisions regarding liability: Depending on the type of company (such as a limited liability company), you may need to outline the liability of the members or shareholders. This section defines the extent of their liability in case of any company debts or obligations.
6. Outline the rules for distribution of surplus assets: If the company is dissolved or wound up, this section should specify how any remaining assets or profits should be distributed among the members or shareholders.
7. Sign and date the memorandum of association: Once you have completed all the necessary sections, make sure that the memorandum of association is signed by all the subscribers in the presence of a witness. Include the date of signing as well.

Who needs a memorandum of association?

1. Companies forming under company law: In most jurisdictions, companies are required to draft a memorandum of association during the incorporation process. It is a legal document that outlines the company's constitution and defines its relationship with its shareholders/members.
2. Shareholders or members of the company: The memorandum of association is an important document for the shareholders or members of the company as it establishes their rights, obligations, and responsibilities. It provides a foundation for the company's governance and operations.
3. Regulatory authorities and government bodies: The memorandum of association is often required by regulatory authorities and government bodies as part of the company registration process. It helps ensure compliance with legal requirements and provides transparency about the company's structure and objectives.

Please note that the specific requirements and regulations regarding the memorandum of association may vary depending on the jurisdiction and type of company. It is always recommended to seek legal advice or consult with the relevant authorities for accurate and up-to-date information.

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What is memorandum of association?

Memorandum of association is a legal document that contains the fundamental information about a company such as its name, objectives, registered office address, and initial shareholders.

Who is required to file memorandum of association?

All companies are required to file memorandum of association during the incorporation process.

How to fill out memorandum of association?

Memorandum of association can be filled out by providing the required information such as company name, objectives, office address, and shareholder details.

What is the purpose of memorandum of association?

The purpose of memorandum of association is to define the scope of activities a company can undertake and the relationship between the company and its members.

What information must be reported on memorandum of association?

Information such as company name, objectives, registered office address, and details of initial shareholders must be reported on memorandum of association.