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MEMORANDUM OF ASSOCIATION OF THE SOCIETY AND ITS RULES AND REGULATIONS UNDER THE SOCIETIES REGISTRATION ACT, 1860 This is the second article in the series of articles dealing with the various aspects

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How to fill out memorandum of association of

Point by point guide on how to fill out a memorandum of association:

01

Begin by clearly stating the name of the company or organization for which the memorandum of association is being prepared.

02

Specify the registered office address of the company. This is the official address where all communications and legal documents will be sent.

03

Provide details of the company's objectives and purposes. Clearly outline what the company aims to achieve and the activities it will undertake.

04

Mention the authorized share capital of the company. This refers to the maximum value of shares that the company is authorized to issue.

05

Identify the subscribers to the memorandum of association. These are the initial members or shareholders who are a part of the company at its inception. Include their names, addresses, and the number of shares they will initially own.

06

Include provisions regarding the liability of the company's members. Specify whether the liability is limited or unlimited.

07

Appoint the first directors of the company. Provide their names, addresses, and other relevant details.

08

Outline the rules and regulations for the management and administration of the company. This may include details on how meetings will be conducted, decision-making processes, and other important procedures.

09

Include any additional clauses or provisions that may be necessary for the specific requirements of the company.

10

Finally, the memorandum of association must be signed by each subscriber in the presence of at least one witness.

Who needs a memorandum of association:

01

Any company or organization that is being established as a legal entity requires a memorandum of association. This includes businesses, corporations, non-profit organizations, and other similar entities.

02

The memorandum of association is a legal requirement in many jurisdictions and is necessary for the company to be legally recognized.

03

Investors, shareholders, and potential partners may also require a copy of the memorandum of association to gain an understanding of the company's objectives, structure, and legal framework.

Note: It is important to consult with legal experts or professionals familiar with the laws and requirements in your jurisdiction when preparing a memorandum of association, as the specific details and regulations may vary.

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What is memorandum of association of?

The memorandum of association is a legal document that contains the fundamental conditions under which a company is allowed to operate.

Who is required to file memorandum of association of?

All companies registered under the Companies Act are required to file a memorandum of association.

How to fill out memorandum of association of?

The memorandum of association can be filled out by providing all the necessary information about the company's name, registered office, objectives, and the types of shares.

What is the purpose of memorandum of association of?

The purpose of the memorandum of association is to set out the constitution of the company and the scope of its activities.

What information must be reported on memorandum of association of?

The information that must be reported on the memorandum of association includes the company's name, registered office, objectives, and types of shares.

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