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Every company incorporated in India must prepare and file a Memorandum of Association (MOA) with the ROC before it can legally begin operations. An MOA is the primary legal document filed during company incorporation that defines a name, registered office, objectives, capital, and subscribers under the Companies Act 2013. Sections 4 and 13 of the […]
Explore the fundamental differences between the Memorandum of Association (MOA) and Articles of Association (AOA).
Introduction The Indian government took the initiative to establish microfinance institutions to provide the people with simple access to loans. These firms provide lending services to small and medium-sized enterprises (SMEs) and other organizations who find it difficult to get bank and other large financial institution loans. As a result, this kind of company is […]
There are six fundamental clauses of the Memorandum of Association (MOA) under Section 4 of the Companies Act, 2013. They are usually named as: Name Clause, Registered Office Clause, Object Clause, Liability Clause, Capital Clause, and Subscription (Association) Clause. The Memorandum of Association (MoA) is a legal document that serves as the charter for the […]