MOA Main Object Clauses for Different Companies

By Team Lawgical Startup

The Main Object Clause of the Memorandum of Association defines the purpose of the Company. Hence drafting of this clause is very crucial and should be done with precision and expertise. The Company cannot carry on any activity which is not a part of its object clause. Such activities are called Ultra Virus (beyond powers)…

Memorandum of Association (MOA) – Building block of a Company

By Team Lawgical Startup

The Memorandum of Association (MOA) is a legal document that specifies the scope of business activities of the Company and defines the Company’s relationship with its shareholders. It is one of the most important documents of a Company as it states the objectives of the Company and contains the powers within which it can act. It is…