Question

what is memorandun of associaton merits and dmerits.

Answer 1

Memorandum is the document of the company which contain all the information regarding company and also known as company foundation . It contains name, registered office, objects and company capital as well as limit of liabilities of the members of the company.It is signed by the company members and required for registration of company to its registrar.
Characteristics / Features :

The main features of memorandum of association are discuss below

It is a fundamental document  of a company.It is essential to every company to prepare its own memorandum.It should be in written form.It contains Name, signature and other particulars of persons.On registration of memorandum , the company is deemed to have been registered.It contains information regarding company information.Memorandum is a public document after registration and inspected by any person.It is a binding of company and its members.

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