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MOA and AOA, DOCTRINE OF ULTRAVIRE, INDOOR MANAGEMENT, CONSTRUCTIVE NOTICEAND RTI
What is a Memorandum of Association (MOA) and what is its primary purpose?
The MOA is the charter document of a company that defines its fundamental constitution, scope of activities, and relationship with the outside world. It sets out the company's name, registered office, objects, liability, and capital.
What is the legal significance of the Name Clause in a company's Memorandum of Association?
It identifies the company and must end with 'Limited' or 'Private Limited'.
What are the six clauses typically contained in the Memorandum of Association of a company?
The six clauses are: Name Clause, Registered Office Clause, Objects Clause, Liability Clause, Capital Clause, and Association/Subscription Clause.
What is the Registered Office Clause in the MOA and what does it establish?
It fixes the state where the company's registered office is situated.
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