
MEMORANDUM of ASSOCIATION of AGENCY to BE REGISTERED Form


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People also ask ngo memorandum of association sample
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Which of the following clauses of Memorandum of Association cannot be altered in MCQ?
The only clause in the memorandum that cannot be altered under section 14, which speaks about alteration of memorandum, is the Subscription Clause.
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Is Memorandum of Association mandatory?
Any business must have a Memorandum of Association that specifies the extent of its activities. The organization cannot work outside the limits of the document until it has been prepared. If the corporation goes beyond its authority, the activity would be deemed supra vires and therefore null.
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What is the purpose of a Memorandum of Association?
It is a legal document prepared during a company's formation and registration process. It defines the company's relationship with shareholders and specifies the objectives for which the company has been formed. The company can undertake only those activities mentioned in the Memorandum of Association.
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Which clause of a Memorandum of Association cannot be amended?
An MOA can be amended to alter various clauses except the Subscription Clause, typically to reflect changes in the company's name, registered office, objectives, liability, capital, or authorized capital.
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Can MOA be amended?
Ever clause on the MOA can be altered (with the exception of capital clause which requires an ordinary resolution to be passed) by passing a special resolution as mentioned in section 13. We cover the basic process to change the object clause of MOA of a company as per Companies Act 2013.
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Which of the following is not a clause of a Memorandum of Association?
Therefore, Board of director clause is not present in the MOA.
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Which of the following clauses from a Memorandum of Association cannot be amended?
The only clause in the memorandum that cannot be altered under section 14, which speaks about alteration of memorandum, is the Subscription Clause.
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What is a document issued to a memart?
A memorandum and articles of association are legal documents that state the object of the company, shareholders of the company, the number of shares they subscribed to and the laid down rules in the running of the company which is signed by all subscribers and witnesses to the agreement and formation of the company.
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