A

PRESENTATION
ON
MEMORANDUM
OF
ASSOCIATION
By- Shweta Juneja
MEMORANDUM OF ASSOCIATION
(MOA)
AMemorandum of
Association(MOA) is a legal
document prepared in the
formation and registration
process of a limited liability
company to define its
relationship with shareholders.
CLAUSES OF MOA
NAME CLAUSE
Public co. ltd. Should be mentioned
Private co. Pvt. Ltd. Should be
mentioned
Name of the company should not
contain the word COOPERATIVE.
Name of the company should be
engraved on the seal, letters,
advertisements, bills, notices,etc.
OBJECT CLAUSE
There are two types of objectives:-
a. Main object- It comprises of the main
objective of the company.
b. Other object- It comprises of all those
related objectives of the company
which is needed to support the main
object of the company.
It must not be against the provisions
of INDIAN COMPANIES ACT.
REGISTERED OFFICE CLAUSE
Address of the registered office of the
co. is mentioned here.
Registered office clause is also
known as Domicile clause.
LIABILITY CLAUSE
This clause specifies the liability of the
shareholders ; which can be of three
types:-
a) Limited by shares

b) Limited by guarantee
c) Unlimited liability
CAPITAL CLAUSE
This clause defines the share capital of
the company, along with the paid up
capital as well; which is divided into
various types of shares such as-
i. Redeemable shares

ii. Irredeemable shares

iii. Cumulative shares

iv. Non cumulative shares , etc.

SUBSCRIPTION CLAUSE
This gives the information about its first
shareholders, their names, addresses,
description, occupation, and the shares
allotted to them.
 FORMAT OF SUBSCRIPTION CLAUSE

Present Fathers/ Nationali Occupati Usual Number signature

name in Husban ty on residenti of
full d full al shares
(block name address taken by
letters) in full each
subscrib
er or
agreed
to be
taken
Dated the day of 200X
Witness to above signatures.
.. (full name,
fathers/Husbands name)
Signature.
Occupation.
Full address..
ALTERATION OF MOA
Companies cannot alter MOA except for
the conditions laid down in the
Companies act.
Alteration can be made only by the
involvement of central government.
IMPORTANT POINTS
Important document required in the
registration of the co.
It serves the Doctrine of Indoor
Management.
It sees the internal affairs of the co.
 O U
Y
N G
K I S - a
N D e j
H A AR n
T G J u
R E a
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