Question

What is memorandum of association
briefly explains it's clause

Answer 1

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Answer:

A Memorandum of Association (MoA) represents the charter of the company. It is a legal document prepared during the formation and registration process of a company to define its relationship with shareholders and outsiders. ... Liability Clause: It states the liability of the members of the company.

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Answer 2

$\huge \mathbb \green{HELLO \: MATE}$

Answer:

A Memorandum of Association (MoA) represents the charter of the company. It is a legal document prepared during the formation and registration process of a company to define its relationship with shareholders and outsiders. ... Object Clause: This clause states the objective with which the company is formed.

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