Get the free MEMORANDUM OF ASSOCIATION - ISACA Mumbai Chapter - isacamumbai

MEMORANDUM OF ASSOCIATION OF INFORMATION SYSTEMS AUDIT & CONTROL ASSOCIATION MUMBAI CHAPTER ARTICLE I NAME : The name of this non-profit organization shall be INFORMATION SYSTEMS AUDIT & CONTROL ASSOCIATION,

How to fill out memorandum of association

How to fill out a memorandum of association:

1. Start by including the name of the company at the top of the document. This should be the official and legal name of the company that will be formed.
2. Next, include the registered office address of the company. This is the official address where legal documents and correspondence will be sent.
3. Identify the type of company being formed, whether it is a limited liability company, a non-profit organization, or any other specific type.
4. State the objectives or purposes of the company clearly. This should outline the main activities and goals that the company aims to achieve.
5. Define the share capital of the company, including the total amount and the number of shares to be issued. If the company has different classes of shares, specify the details for each class.
6. Mention the names, addresses, and occupations of the subscribers or initial shareholders of the company. This is a list of individuals or entities who are investing in the company and becoming its members.
7. Indicate the number of shares each subscriber is taking and the amount paid or unpaid for the shares.
8. Include the signatures of the subscribers, along with their full names and the date of signing.
9. The memorandum of association should be dated and witnessed by at least two individuals who are not subscribers to the company.
10. Finally, file the completed memorandum of association with the relevant government authority or registrar to officially register and form the company.

Who needs a memorandum of association?

1. Companies that are being formed or incorporated legally are required to have a memorandum of association. This document is a fundamental part of company registration processes in many jurisdictions.
2. It is necessary for limited liability companies, non-profit organizations, and other types of companies to have a memorandum of association in order to establish legal identity and operations.
3. Investors, shareholders, and potential business partners often refer to the memorandum of association to understand the purpose, objectives, and structure of the company.
4. Banks and financial institutions may require the memorandum of association when assessing loan applications or financial transactions with the company.
5. Government authorities and regulatory bodies may request the memorandum of association as part of compliance and legal obligations.
6. The memorandum of association is essential for defining the rights, responsibilities, and ownership structure of the company, providing clarity and transparency to all stakeholders.

For pdfFiller’s FAQs

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, and location of registered office.

Who is required to file memorandum of association?

Every company that is being incorporated is required to file a memorandum of association with the appropriate government authority.

How to fill out memorandum of association?

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

What is the purpose of memorandum of association?

The purpose of memorandum of association is to define the scope and limitations of a company's activities, as well as to provide information about the company's structure and organization.

What information must be reported on memorandum of association?

The information that must be reported on memorandum of association includes company name, objectives, shareholders details, and location of registered office.

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