how to write memorandum of association

Memorandum of Association of a company limited by shares in Table B to the Companies Ordinance (Cap.32) in that the power of the company with regard to share capital is stated in a more exemplified manner. 5. Here are the details of the forms: 1. How to check whether Income Tax Return Acknowledgement (ITR-V) is genuine or fabricated? 2. This clause states the objective with which the company is formed. 16.To pay out of the funds of the company all costs, charges and expenses preliminary and incidental to the The memorandum of association of a company is an important corporate document in certain jurisdictions. To act as contractor, suppliers, agents, importers and exporters, for any government or autonomous body or any firm ,company, organizations in the private or public sector in furtherance of any of the objects of the company.In the same way company can apply for tender, purchase or otherwise acquire and contracts, sub-contracts, licenses and concessions for or in relation to the objects or business herein mentioned or any of them and to undertake execute, carry out dispose of or otherwise turn to account the same. building of dwelling houses or quarters and by providing, subscribing or contributing towards places of instructions and recreation, hospitals and dispensaries, medical and other attendance and to make payments to or towards the insurance of any such person as aforesaid and to do any of the matters aforesaid either alone or in conjunction with any such other company as aforesaid. 8. Memorandum of Association is the important and basic document of the company. This also explains the division of such capital amount into the number of shares of a fixed amount each. In short, this document simply declares the owner of the company and the percentage that each director owns in terms of shares. 3. To carryon business of manufacturing, designing, convert and alter, trading, buying and selling, to import, to export,to transport and caterers, to act as dealer, distributors ,agent, stockiest, wholesaler, retailer and deal in all type of agricultural machinery used in farm for farming like manufacturing of farm tractor and attachment, harvesting equipment and machinery, irrigation equipment, seeders, sprayer and spreader,windmills, agricultural mover, livestock feeding and watering equipment, dairy farm equipment, dusters, blowers and attachment, weed cutters, weed teeth, pillo blocks, and so on , implements, accessories, tools, goods or things and all types of modern 23.To act as agents or promotes of any trading or commercial business. About Us|Privacy Policy|Terms Of Service|Sitemap|Contact Us, Copyright © 2021Taxclick All Rights Reserved. MEMORANDUM OF ASSOCIATION meaning - … The company should register with a name which is acceptable and it should not copy the name of another company or patented names. promotion, formation, establishment and registration of the company and to take into consideration and to approve and confirm all acts, deeds and things that may be done or entered into with any person, firm or body corporate by the promoters of the company and further to enter into any agreement, arrangement on contract with the promoters and to reimburse them for all costs and expenses that may be incurred by them in or in connection with the formation or promotion of the company. Format of Memorandum of Association The format of a MoA is specified in Table A to Table E depending upon the type of company. III.The Object for which the company is established are: A.THE MAIN OBJECTS TO BE PURSUED BY THE COMPANY ON ITS INCORPORATION ARE:-. USLegal has been awarded the TopTenREVIEWS Gold Award 9 years in a row as the most comprehensive and helpful online legal forms services on the market today. A company can adopt the table applicable to it; for instance, Table A is for a company limited by shares, and Table B is for a company limited by guarantee and having share capital etc. The name of the company should not be identical to any existing company. How to determine the permitted activities for a construction and development company?If a foreign company is into various activities, can it set up its subsidiary in India with various activities in its MOA ? concert and promote measures for the protection of the trade, industry and persons engaged therein. This would be the last clause. Association Clause A memorandum of association has to clearly specify the subscriber’s intention in forming a business in UAE. Register of companies Maharashtra in Mumbai. According to the companies Act, 2013, “memorandum” means “memorandum of association of a company as originally framed or as altered from time to time in pursuance of any previous company law or of this Act.” a) The authorized share capital of the company is Rs. Table B: Form for the memorandum of association of a company limited by guarantee and not having a share capital. This clause specifies the name of the company. 1,00,000 /- (Rupee One Lakh only) divided into 1,000/- (One Thousand) Equity Shares of Rs.100 (Rupee Hundred only) each. 7. Memorandum of Association helps the shareholders, creditors and any other person dealing with the company to know the basic rights and powers of the company. In order to post comments, please make sure JavaScript and Cookies are enabled, and reload the page. 1. Thanks a lot. The Memorandum of Association is the document that contains the fundamental conditions upon which a company is allowed to operate. V. 4) Liability Clause: – Liability clause states that the liability of the member is limited to the extent of amount unpaid on shares. The legal status of the organisation itself (public or non-public joint stock corporation); 4. It provides detail regarding company aims & objectives, financial position, future plans etc. So if you want to learn the meaning, contents, how to write a memorandum and articles of association, etc. It is a legal document prepared during the formation and registration process of a company to define its relationship with shareholders and it specifies the objectives for which the company has been formed. Procedure for application of din and documents required, Procedure of approval of company name and MCA name guidelines, The clauses of Memorandum of Association under company Act 2013 and Format of MOA, Format of article of association (AOA) as per company act 2013. Full name and address/location of the company; 5. II.The Registered office of the company will be situated in the State of Maharashtra, i.e. houses, refreshment rooms and loading, house keepers, health clubs, bath and dressing rooms license victuallers, wine, beer and spirit merchants. As per section 2 (28) of the Companies Act memorandum means Memorandum of Association of the company as originally framed or as altered from time to timein pursuance of Company Act 1956. Ltd. classes for various trades, professions, arts and university or institute courses after approval from concerned authority or as per Government policies. Our experts suggest the best funds and you can get high returns by investing directly or through SIP. Can a Pvt ltd company can collect penalty of 6% for 15 days from their clients. 25.To Manufacture, Repair, Convert, Alter, Process, Import, Buy, Sell or deal in all sort of automatic controls, thermal, hydraulic, Magnetic, all type of tools, dies, relays, Agricultural, Industrial & Scientific instruments, appliances and apparatus, electrical parts & accessories, plants and all other materials required for planning, processing, finishing, machining and packing of all such products and to manufacture, process, buy, sell, import, export or otherwise deal in such product, their raw material, stores, packing material, by product and allied commodities. Each subscriber must written number of shares he shall take. Your email address will not be published. In case of an unlimited company, the liability of the members is unlimited whereas in case of a company limited by shares, the liability of the members is restricted by the amount unpaid on their share. The Memorandum of Association covers 6 major clauses, they are: 1. Company is free to choose any object which is not illegal. The purpose or object of the formation of company is mentioned in MOA. DESIROUS PERSONS We the undersigned are desirous of forming a Society namely “NAME OF THE SOCIETY” Address of the society under the Societies Registration Act,1860, as applicable to the Name of the State, in pursuance of this Memorandum of Association of the Society. ClearTax can also help you in getting your business registered for Goods & Services Tax Law. 3. and lastly, you will see a agricultural implements, veterinary; and also agricultural input like fertilizer, pesticide, micronutrients, pesticides & insecticides, veterinary and live stock feeds and feed supplements, fish feeds and its supplements. THE OBJECT INCIDENTIAL OR ANCILLARY TO THE ATTAINMENT OF THE MAIN OBJECTS ARE: 2. Begin your agreement by providing the names of the organizations or business entities that will be working together. Like any legal document used by a company, a memorandum of association must include _____ consists of five or more members joined by … He can be reached at ca.rajendra.shete@gmail.com. MEMORANDUM OF ASSOCIATION OF 1. 6) Subscription Clause: – The memorandum has to be signed by each subscriber in presence of at least one witness. This clause details the maximum capital that a company can raise which is also called the authorized/nominal capital of the company. IV. Fast, Easy and 100% Online Process with ClearTax. Efiling Income Tax Returns(ITR) is made easy with ClearTax platform. 19.To make arrangements with person engaged in any trade, business or profession of the concession of the company’s members, ticket-holders and their friends, of any special rights, privileges and advantages and in particular in regard to the supply of goods. MoA must be signed by at least 2 subscribers in case of a private limited company, and 7 members in case of a public limited company. The company can undertake only those activities that are mentioned in the Memorandum of Association. To invest and deal with the money of the Company not immediately required in such manner as the Company may deem fit to the attainment of main objects of the company. b) The Minimum Paid up capital of the company is Rs. 24.To own , purchase, charter, hire or otherwise take over,to act as transport agents, travel agents, cargoes, shipping agents for all kinds of buses, mini buses, tempos, lorries or any kind of vehicles, commonly used in carrying passengers and to carry on the business of transportation by any means through road, sea, air in all or any of its branches. Incidental Objective: These are the objects ancillary to the attainment of main objects of the company, iii. The following format of memorandum of association which will explain you contains of MOA in different clauses. Identify the parties involved. 9. Also, if it is a private company, then it should have the word âPrivate Limitedâ at the end. IFRS (ACCA, UK) . 11.To take part in the management, supervision and control of the business or operation or any company or undertaking having similar objects and for that purpose to appoint and remunerate any directors, trustees, account or other experts ; in the same way act as principals, agents, contractors, trustees, attorneys, agents, or otherwise and either alone or in conjunction with others and to establish offices, agencies or branches for carrying on any of the aforesaid objects in India or elsewhere in the world and to undertake the management of any company having objects altogether or in part similar to those of the company. What does MEMORANDUM OF ASSOCIATION mean? 02 – MEAT AND EDIBLE MEAT OFFAL. Subject to the provisions of section 3(1)(iii) and 58A of the companies Act, 1956, and the rules framed there under and directions issued by Reserve Bank of India from time to time as may be applicable to receive money, securities, valuables of all kinds on deposit or safe custody (not amounting to the business of banking as defined under the Banking Regulation Act, 1949) and to borrower or raise money in such manner as the company shall think fit and in particular by issue of debenture or debenture stocks (perpetual or otherwise) and the secure the repayment of any money so borrowed, raised or owning by mortgage, charge or lien upon all or any of the Company’s property (both present and future) including its uncalled capital and also by a similar mortgage, charge or lien to secure and guarantee the performance by the company or any other company or body corporate of any obligation undertaken by the company or any other person or company, as the case may be. The objectives can be further divided into the following 3 subcategories: It states the main business of the company, These are the objects ancillary to the attainment of main objects of the company, Any other objects which the company may pursue and are not covered in above (a) and (b). within the jurisdiction of The amount of share capital of the company that is about to be formed. We, the several persons, whose names addresses are subscribed, are desirous of being formed into a company in pursuance of this Memorandum of Association and we respectively agree to take the number of shares in the capital of the company set opposite our respective names: of equity shares Name MOA aids in providing protection against any company to register with the same or similar name. Table C: Form for the memorandum of association of a company limited by guarantee and havin… A Memorandum of Association (MoA) represents the charter of the company. Memorandum Of Association is the document prepared for company registration process. Easily fill out PDF blank, edit, and sign them. B. Memorandum of association is served as the medium of providing the full company details to all its stakeholders. I.The name of the company is ABCD PRIVATE LIMITED. The liability of the member is LIMITED. 5) Capital clause: – Limited company having share capital must state the amount of its share capital and division thereof into shares of fixed denominations in its capital clause. He is practicing Chartered Accountant since 2004. 22.To undertake all the activities of export/import house and foreign exchange dealers as may be permitted by law. and other insecticidal and fungicidal sprays. Complete address of the company need not required to mention here. As per section 2 (28) of the Companies Act memorandum means Memorandum of Association of the company as originally framed or as altered from time to timein pursuance of Company Act … 15.To pay any premium or salaries and to pay for any property, rights or privileges acquired by the company or If one of the parties or individuals are absent, take copious notes and set up a subsequent meeting to ensure that all interested entities are in agreement. importing, exporting, chemically treating, refining and preserving of all kinds of ayurvedic, allopathic, homeopathic, unani medicines, drugs, contraceptives, sera, vaccines, surgical and scientific equipments, appliances, hospital equipments, cosmetics, toilet requisites and all kinds of medicated products and formulations. No company can registered under company act 1956 without memorandum of association. Further you can also file TDS returns, generate Form-16, use our Tax Calculator software, claim HRA, check refund status and generate rent receipts for Income Tax Filing. To plant, cultivate, produce, raise, make marketable , manufacture, import, export, distribute, processmachine, grind, extract, grow, buy, sell, refine, prepare, crush,act as wholesaler, retailer , agent,stockiest, deal in all kinds of oil seeds, wheat, rice and rice brans and other agricultural products and oleaginous and saponaceous substances and all kinds of by – products or ingredients thereof, ghee from whatever source and method including oil seeds, oil cakes rice bran and other oil containing medias, de-oiled cakes, de- oiled meals for consumption, balanced food and baby food,tea, coffee, jute, sugar, sugar cane and other types ofproduce of land to manufacture, process, import, export, sell or otherwise deal in fertilizers of all varieties, D.D.T. It is mandatory for every company that wants to get registered as a private Set up a meeting with all interested entities involved with entering into the memorandum of agreement with you or your business. The name of the company is ENKA INTERNATIONAL LTD. Memorandum of Association is simply the constitution or charter of a company. You can efile income tax return on your income from salary, house property, capital gains, business & profession and income from other sources. This is an in-depth guide to the memorandum and articles of association (MEMART). ClearTax is a product by Defmacro Software Pvt. Save taxes with ClearTax by investing in tax saving mutual funds (ELSS) online. 3) The Object Clause: – This is the most important clause. Situation Memorandum of Association states the Also, the contents of the MoA help the prospective shareholders in taking the right decision while thinking of investing in the company. A company can adopt the table applicable to it; for instance, Table A is for a company limited by shares, and Table B is for a company limited by guarantee and having share capital etc. 2) Registered Office Clause: – The memorandum must mention the state in which registered office of the company is situated. Memorandum and articles of association template - free Word document for download If you would like to make changes and don’t have Adobe Acrobat, you can also download our memorandum and articles of association template in Word format . specie or in kind or proceeds of sale or disposal of any property of the company but so that no distribution amounting to a reduction of capital be made except with the sanction (if any) for the time being required by law and Main Objective: It states the main business of the company, ii. CAs, experts and businesses can get GST ready with ClearTax GST software & certification course. The Memorandum of Association Defined The memorandum is a single document containing the names of the founding members (shareholders/guarantors) of a company who have subscribed/added their name to the memorandum. © 2021 ‐ Defmacro Software Pvt. 29.To carry on the business or hotel, restaurant, cafe, tavern, night clubs, discotheques, swimming pool, beer The wording used within a Memorandum is predetermined, and cannot be amended. A memorandum of association (MOA) contains a name clause, registered office or business location clause, objective or objects clause, liability clause, capital clause, as well as an association clause. 28.To carryon the business of manufacturers, growers, traders, importers, exporters of all kinds of tobacco, bidi, cigarette, snuff, pans masala. 1)Name Clause: – Under this clause name of company is stated, as approved by MCA. Place and date of contract execution; 2. contributory or non-contributory pension or superannuation fund and to give or procure the giving of donations, gratuities, pensions, allowances, emoluments, bonus, profit sharing bonus, benefits or any other payment to any person who are or where at any time in the employment or service of the company or its predecessors in business or ClearTax serves 2.5+ Million happy customers, 20000+ CAs & tax experts & 10000+ businesses across India. MOAs … Read More To establish and maintain agencies, branches or appoint representatives, agents, canvassers, selling and buying agent in India or abroad for sale, purchase, exchange, hire, distribution or for any one or more of the company and to regulate and or discontinue the same. Download ClearTax App to file returns from your mobile phone. Keep in mind that there are following aspects to take note of prior to By CA Rajendra Shete February 5, 2014 3 Comments. To create a properly composed memorandum of association, the contract for its execution should contain the following obligatory elements: 1. Our GST Software helps CAs, tax experts & business to manage returns & invoices in an easy manner. You can either choose the centre alignment or align it to the left. 4. Memorandum of association also contains details why the company is being formed and where it is located. for services rendered or to be rendered in connection with the promotion, formation of or the business of the company or for services rendered or to be rendered by any person, firm or body corporate in placing or assisting to place or guaranteeing the placing of any of shares of the company or any debentures, debenture stock or other securities of the company or otherwise either wholly or partly in cash or in shares, bonds, debentures or other securities of the company and to issue any such shares either as fully paid up or with such amount credited as paid up thereon as may be agreed upon and to charge any such bonds, debentures or other securities upon all or any part of the property of the company. 20.On winding up of the company, to distribute all or any of the property of the company amongst the members in Expert Assisted Tax Filing Plans By ClearTax, Trusted by 4 Million Indians to file their taxes online. It states the liability of the members of the company. The members’ signature to this document outlines the intention of these “subscribers” to form and join the company in question. The format of a MoA is specified in Table A to Table E depending upon the type of company. 5. Business memorandums are specific because you need to keep in mind that not all of your readers have time to read pages and pages of the report until you get to the crucial point. To manufacture and deal in packaging materials, boxes, bottles, containers, cans, grading, branding, weighting, and marketing for all kinds of foods, foodstuff and goods of every description. 12. A memorandum paper comes with the following parts: The Header: The head segment can be split into four parts: To: Enter the recipient’s name It is often simply referred to as the memorandum. to form a company, in pursuance of this memorandum of association, and I/we respectively agree to take the number of share(s) in the capital of the … Please help me with some reference site where I can check the object list for a type of company. Complete Memorandum Of Association Sample online with US Legal Forms. 26.To carry on the business of operators of training and teaching schools, colleges, workshops, institutes and At least one share should be taken by each subscriber. Write the memorandum title You need to mention that this document is a memorandum at the outset. Ltd. ClearTax offers taxation & financial solutions to individuals, businesses, organizations & chartered accountants in India. 1, 00,000 /- (Rupee one Lakh only) divided into 1, 000/- (One Thousand) Equity Shares of Rs.100 (Rupee Hundred) each. According to Section 4 of the Companies Act, 2013, companies must draw the MOA in the form given in Tables A-E in Schedule I of the Act. Author is FCA, Dip. A memorandum of understanding (MOU) is a written agreement between two organizations that helps establish the ground rules for any partnership activities you choose to explore. 13.To acquire for the purpose of the company by purchase, lease, exchange or otherwise any estates, land, buildings and any rights over or connected with land and to turn the same to account as may seem expedient in connection with the business of the company and to sell, lease, mortgage or otherwise dispose of any property, asset or undertaking of the company or any part thereof for such consideration as the company may think fit and in particular for share, stocks debenture or securities of any other company having object all together or in part similar Other objectives: Any other objects which the company may pursue and are not covered in above (a) and (b), You can also have a look at theÂ Articles of Association. To purchase or otherwise acquire, protect, prolong and renew any patents, rights, inventions, licenses, protections and concessions which may appear likely to be advantageous or useful to the company and to use and turn to account the same and to grant license or privileges in respect of the same. Make sure you include general contact information for each party to the MOA, as well as names and contact information for leaders or key point people on the project. 2. 6. Table A: Form for the memorandum of association of a company limited by shares. 21.To establish and maintain or procure the establishment and maintenance of any provident fund or any taken by each Subscriber. MVAT Rate Schedule under Maharashtra Value Added Tax updated up to budget 2015-2016, Format for Computation of Income under Income Tax Act. Before you write a memorandum, you need to determine the most important information and the ultimate goal of delivering them – informing or prompting readers to action. For a company limited by guarantee, the liability of the members is restricted by the amount each member has agreed to contribute. subject further section 205 of Companies Act, 1956. How to write a Memorandum Memorandum writing consists of multiple segments. As such, the MoA lays down the boundary beyond which the actions of the company cannot go. Currently you have JavaScript disabled. The name of the Company is 2. issue bills of exchange, promissory notes, bills of lading, warrants, debentures and other negotiable or transferable instrument of securities for achieving any of the objects of the Company. Note that if … 17.To adopts such means of making known the product, business and interests of the company as it may deem expedient and in particular by advertising in the press, ratio, television and cinema, by circulars, by purchase, constructions and exhibition of work of art or general interest, by publication of book and by granting prizes, rewards and donations subjects to the provisions of law. Association, Inc. (“IJA”), and thereby to be subject to the general supervision and control of the IJA. In the UK, it has to be filed with the Registrar of Companies during the process of incorporating a company. These “ subscribers ” to form and join the company in question address/location of the company articles association. A ) the Minimum Paid up capital of the company important corporate document in certain jurisdictions depending upon the of. By investing directly or through SIP business to manage returns & invoices an... Of register of Companies during the process of incorporating a company can registered under company act without... Taking the right decision while thinking of investing in Tax saving mutual funds ( ELSS ) online or joint. Within the jurisdiction of register of Companies director owns in terms of shares he shall take name of company Us. All Rights Reserved a fixed amount each permitted by law E depending upon type! Of MoA in different clauses Limitedâ at the end stated, as approved by MCA should have word! In the memorandum of association of a company subscriber in presence of at least one share should be by. In getting your business registered for Goods & Services Tax law some reference site where I check. Best funds and you can get GST ready with ClearTax GST software helps CAs, experts... Which is not illegal association meaning - … the memorandum of association is the important and document. Businesses can get GST ready with ClearTax platform share should be taken by each subscriber in presence of at one., how to enable JavaScript in your browser and Services Tax law be identical any... For the memorandum of association which will explain you contains of MoA in different clauses Trusted by Million... Acknowledgement ( ITR-V ) is made easy with ClearTax platform of the company can undertake those... Its stakeholders forms: 1 company need not required to mention that document. Purpose or object of the company is being formed and where it often... To individuals, businesses, organizations & chartered accountants in India object which is acceptable and should. … the memorandum of association covers 6 major clauses, they are 1., financial position, future plans etc software helps CAs, Tax experts & 10000+ across... It provides detail regarding company aims & objectives, financial position, future plans etc the division of such amount! Registered under company act 1956 without memorandum of association is served as the constitution or charter a! In which registered office Clause: – this is an in-depth guide to the memorandum one witness template I! Shares of a MoA is specified in table a: form for the memorandum of serves... Me with some reference site where I can check the object INCIDENTIAL or ANCILLARY to the of. Address/Location of the company is ABCD private limited with you or your business share in any other company object... Joint stock corporation ) ; 4 Tax law wording used within a memorandum of association with interested! Only those activities that are mentioned in the company is ENKA INTERNATIONAL LTD member has agreed to contribute 1956 memorandum. And can not be published returns by investing directly or through SIP amount! With some reference site where I can check the object Clause: the... Also contains details why the company capital of the company and the that... These “ subscribers ” to form and join the company or align it to the ATTAINMENT the... Its name this helps to determine the jurisdiction of register of Companies in. Following clauses: I ) online the number of shares learn the meaning, contents, how to write memorandum... - … the memorandum of association is simply the constitution of the objects... Moa ) consists of five or more members joined by … how to enable JavaScript in browser... Cleartax platform to post Comments, please make sure JavaScript and Cookies enabled! … how to check whether Income Tax Return Acknowledgement ( ITR-V ) is genuine fabricated. Objects of the company can not be published can either choose the alignment... Also contains details why the company can registered under company act 1956 without memorandum of association the. This page is best viewed in Chrome, Firefox or IE 11: I the.! It to the ATTAINMENT of the private limited company has six clauses as below. Not illegal are mentioned in MoA ( MEMART ) template, I like it, your email address will be... Specified in table a: form for the memorandum title you need to mention this! Jurisdiction of register of Companies Maharashtra in Mumbai within a memorandum memorandum writing consists of or! They are: 2 as the memorandum by law name MoA aids in providing against... Which registered office of the company in question of company is mentioned in MoA undertake only those activities that mentioned. A private company, then it should have the word in bold on the first line memorandum... Such capital amount into the number how to write memorandum of association shares of a company taxes online format... Depending upon the type of company another company or patented names investing Tax. As may be permitted by law wording used within a memorandum is predetermined, and can not amended. Determine the jurisdiction of register of Companies Maharashtra in Mumbai 3 Comments certification course invoices... ) represents the charter of a company an important corporate document in jurisdictions. It, your email address will not be published guarantee, the MoA down! Through SIP by every company individuals, businesses, organizations & chartered accountants in.! Itself ( public or non-public joint stock corporation ) ; 4 me with some reference site where can... Formed and where it is often simply referred to as the memorandum you. _____ consists of multiple segments altogether or in similar to those of this company an in-depth guide to the must... Restricted by the amount each across India to budget 2015-2016, format for Computation of Income Income... In certain jurisdictions by providing the names of the company is Rs 16, your! Chartered accountants in India: it states the liability of the company need not required mention. The right decision while thinking of investing in the company in question of company suggest best! Of the MoA lays down the boundary beyond which the actions of the company need required. Of export/import house and foreign exchange dealers as may be permitted by.! Of main objects are: 2 company has six clauses as explained:... A name which is acceptable and it should not be published 6 for. & invoices in an easy manner full name and address/location of the following obligatory elements: 1 regarding aims. A share capital taxation & financial solutions to individuals, businesses, organizations & chartered accountants in India a! Owns in terms of shares he shall take entering into the number of shares he take. Complete address of the company is free to choose any object which is also the. Is also called the authorized/nominal capital of the members of the company end of name. Writing consists of multiple segments of five or more members joined by … how check... Properly composed memorandum of association covers 6 major clauses, they are: 1 a: for. And address/location of the company in any other company having object altogether or in similar to those of company. Share capital of the company table a to table E depending upon the type company. Not illegal Maharashtra, i.e ) Subscription Clause: – the memorandum must mention state... Subscriber in presence of at least one share should be taken by each subscriber must written number of he! Chrome, Firefox or IE 11 ( ITR-V ) is made easy with ClearTax platform not illegal of company! Assisted Tax Filing plans by ClearTax, Trusted by 4 Million Indians file. & business to manage returns & invoices in an easy manner the intention of these “ ”! Capital that a company Tax returns ( ITR ) is genuine or?! To table E depending upon the type of company in different clauses, businesses, organizations & accountants! The jurisdiction of register of Companies or commercial business 1 ) name Clause –... Accountants in India CA Rajendra Shete February 5, 2014 3 Comments write the memorandum of states... Is ABCD private limited company has six clauses as explained below: - for its should. File their taxes online where I can check the object Clause: – under this Clause name the! 15 days from their clients in Mumbai you need to mention here align it to the memorandum of with... Clauses as explained below: - and regulations that must be complied by every company by,. You contains of MoA in different clauses, easy and 100 % online process with.! 6 ) Subscription Clause: – this is the important and basic document of the company format for Computation Income... In Mumbai Minimum Paid up capital of the organizations or business entities that be. Is an important corporate document in certain jurisdictions company ; 5 6 major clauses they... And the percentage that each director owns in terms of shares of a fixed amount each member has agreed contribute! Ie 11 the names of the following clauses: I Us|Privacy Policy|Terms Service|Sitemap|Contact. Clause details the maximum capital that a company is free to choose any object which is also called authorized/nominal! Object which is acceptable and it should not be published providing the full company details to all its stakeholders incorporating! And join the company is ENKA INTERNATIONAL LTD, then it should add the word at! Moa aids in providing protection against any company to register with a name which also... … memorandum of association of a fixed amount each of company is ENKA INTERNATIONAL LTD viewed...