The Memorandum of Association (MOA) is a constitutional document of the company that helps to bring change in a business activity. It consists of five clauses as listed below.
- Name clause – It is the first clause in the MOA. It provides the name of the company. From the name of the company, one can come to know whether the company is a Private Limited Company or a Public Limited Company.
- Registered office clause – It shows in which state the company is located.
- Object clause – From the object clause, one can get information about the business activity of the company. It shows the purpose of the company.
- Liability clause – It shows the liability of the members of the company. It can be limited by shares or guarantee.
- Capital clause – Companies having share capital will show the total authorized capital which is divided into the number of shares and the amount.
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