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Contents of the Memorandum of Association
The contents of the Memorandum of Association are detailed out below. Purpose of Memorandum ● Shareholders…
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Clauses of Memorandums
The memorandum of association contains the following clauses − The Name Clause ● A company (being…
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Meaning of Memorandum of Association
The Memorandum of Association is considered as the constitution of a company. It provides the…
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Memorandum of Association Concepts
The memorandum of association of a company is a document that governs the relationship of…
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Private Company and Public Company
● The director of a private company may not be specifically qualified. A private company may…
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Formation of a Company
The following things are required for the formation of a company. ● Promoters are required. ● Objectives…
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Liabilities & Rights of Promoters
A promoter of a company cannot be considered as an agent of the company as…
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A Sole Proprietorship
A sole proprietorship can be considered as a single person business. It Small scale enterprises…
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Trusts
A trust appears to be a complicated concept, not easily understood as a close corporation…
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Partnership
A partnership is considered to be a formal relationship between a minimum of two and…