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The MoA includes the companys name, registered office address, nature of business, authorized share capital, and the names and signatures of the subscribers who are the initial shareholders.
The Memorandum of Association (MoA) is a crucial document that forms the foundation of a business.It provides the entire organisational structure of a company, showing its objectives, powers, and limitations. This legal instrument is crucial for any business entity, serving as the bedrock of its legal framework.
The MOA describes the basic identification details of a Company such as name of the company, situation of registered office of the company, business objects of the company, nature of business liability of promoters and Name and address of initial subscribers to the Memorandum of Association.
The object clause in a Memorandum of association is considered to be representative of the purpose of a company and it is expected that the company will fulfill/attempt to fulfill the objects it has laid out in its MOA.
To carry on the business of financial and investment consultants, finance brokers, stock brokers, underwriters, registrars, issue house, portfolio management and to invest or subscribe for purchase or otherwise acquire and sell, dispose of, exchange, hold and otherwise deal in shares or other securities issued by any
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Although there is a generic MEMART made available by CAC that can be adopted by the applicant, it is, however, advisable for the applicant to engage the services of a legal practitioner to draft the MEMART. The applicant is required to make payments for stamp duties and the company registration filing fee.
The Memorandum of Association (MOA) is a document that defines the scope of a companys activities and its relationship with the external world. It is essentially the companys charter, outlining its name, objectives, registered office, share capital, and liability of its members.
Format of MOA The following are the various forms that the Act offers: Table A: This applies to businesses that have equity in their shares. Table B: This table applies to companies that are limited by guarantee but do not possess shares. Table C: This applies to a firm with share capital that is limited by guarantee.

object of memorandum sample