Memorandum Of Association(MOA)- A Comprehensive Guide
A Memorandum of Association is a legal document that explains the reason for which the company is founded and, as a result, identifies the probable scope of its operations that cannot be exceeded. It both defines and limits the company’s powers. Anything done beyond these powers will be ultra vires (beyond the company’s powers) and hence null and void. The Memorandum of Association (MOA) is one of the essential documents that must be submitted with the application form for company incorporation.
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