Memorandum of association is a legal document that regulates a company’s external activities. This document is drawn up at the time of formation of a registered company.
Memorandum of association along with article of association forms a company’s constitution.
The memorandum of association gives the following details:
- Name of the company
- Name of its members
- Location of registered office
- Objective of the company
- Amount of authorized share capital etc.
MOA is a public document and it may be accessed by anyone.