Question

2. Mention any six differences between memorandum of association and articles of association.​

Answer 1

Answer:

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Memorandum of Association is a document that contains all the fundamental information which are required for the incorporation of the company. Articles of Association is a document containing all the rules and regulations that governs the company. Powers and objects of the company. Rules of the company.

Answer 2

HI,

The memorandum of association and articles of association are the two charter documents, for setting up of the company and its operations thereon.

‘Memorandum of Association‘ abbreviated as MOA, is the root document of the company, which contains all the basic details about the company.

On the other hand, ‘Articles of Association‘ shortly known as AOA, is a document containing all the rules and regulations designed by the company.

While the MOA sets out the company’s constitution, and so it is the cornerstone on which the company is built.

Conversely, AOA comprises of bye-laws that govern the company’s internal affairs, management, and conduct.

Both, MOA and AOA, requires registration, with theRegistrarr of companies (ROC), when the company goes for incorporation.

Both, MOA and AOA, requires registration, with theRegistrarr of companies (ROC), when the company goes for incorporation.To further comprehend the difference between memorandum of association and articles of association, take a read of the given article.

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