Get the free Memorandum of Association of Northwards Housing Ltd pdf 108kb

MEMORANDUM AND ARTICLES OF ASSOCIATION OF NORTHWARDS HOUSING LIMITED Date of Incorporation: 25 April 2005 Registration Number: 05435061 As amended by a Special Resolution dated 4.11.15 SEC.587781.1

How to fill out memorandum of association of

How to Fill Out Memorandum of Association of:

Determine the Company Details:

1. Start by writing the full name of the company, including any suffixes or abbreviations.
2. Specify the registered office address of the company, which will serve as the official business address.
3. Identify the company's objective or main purpose, whether it's for trading, investment, or any other specific activities.

Capital Structure:

1. State the authorized share capital of the company, which represents the maximum value of shares that can be issued.
2. Specify the nominal value of each share, which is the minimum price set for the shares.
3. Determine the number of shares each subscriber or founding member will acquire, which should add up to the authorized share capital.

Subscriber Information:

1. Provide the full name, address, occupation, and nationality of each subscriber.
2. Specify the number of shares subscribed by each individual.
3. Ensure that all subscribers sign the memorandum of association in the presence of a witness.

Object Clause:

1. Detail the primary activities and objectives of the company as per the Companies Act of the respective jurisdiction.
2. Be specific and concise, outlining the exact nature of the business activities the company will engage in.
3. Avoid overly broad or vague descriptions to prevent potential legal issues in the future.

Liability Clause:

1. Distinguish between the limited liability and unlimited liability of the company's members.
2. Typically, most companies establish limited liability, which means the members' liability is restricted to the unpaid amount on their shares.
3. If any members agree to take on unlimited liability, clearly state this provision in the memorandum of association.

Witness Confirmation:

1. At the end of the memorandum of association, provide space for the witness's signature and details.
2. The witness should be present during the signing of the memorandum and verify the authenticity of the subscribers' signatures.

Who Needs Memorandum of Association:

1. Any individual or group planning to establish a new company or incorporate an existing business.
2. Start-up founders, entrepreneurs, and business owners who want to legally document the formation and structure of their company.
3. Investors and financial institutions that require information about a company's objectives and authorized share capital.

In summary, the memorandum of association is an essential document that outlines the company's details, members' information, capital structure, objectives, and liability. It must be accurately filled out to ensure compliance with the applicable jurisdiction's company laws and regulations. Anyone initiating or involved in the formation of a company should understand the importance of this document and follow the prescribed steps accordingly.

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What is memorandum of association of?

The memorandum of association is a legal document that contains the fundamental conditions upon which a company operates.

Who is required to file memorandum of association of?

All companies are required to file a memorandum of association with the relevant company registrar.

How to fill out memorandum of association of?

The memorandum of association can be filled out by detailing the company's name, registered office address, business activities, shareholder details, and share capital structure.

What is the purpose of memorandum of association of?

The purpose of the memorandum of association is to establish the company's constitution and scope of activities.

What information must be reported on memorandum of association of?

Information such as company name, registered office address, business activities, shareholder details, and share capital structure must be reported on the memorandum of association.