what is called AOA and MOA
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MOA stands for memorandum of association and AOA stands for articles of association.
MOA is needed at the time of incorporation and it contains all the basic data about the company like names of promoters, authorised capital, address of registered office etc.
AOA is used to make laws and bye laws for the internal management of the company. It lays down procedure for appointment and removal of directors, process for raising additional capital etc.
AOA decided the rights, obligations and responsibilities of person responsible for the management of a company.
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AOA stands for
Articles of Association
and
MOA Memorandum of Association
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