what is the main motive of memorandum of association??
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what is the main motive of memorandum of association??
the main motive of memorandum of association is to enable shareholders, creditors and those who deal with the company to know what is its permitted range of enterprise.
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The main purpose of the memorandum is to explain the scope of activities of the company.The prospective shareholders know the areas where the company will invest there the money and the risk they are taking in investing the money
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