Documente Academic
Documente Profesional
Documente Cultură
&
Articles Of Association
“Contents”
• Memorandum of Association
• Memorandum Clauses.
• Alteration of Memorandum.
• Doctrines of Ultra Vires.
• Articles of Association
• Definition
• Contents of Articles.
• Alteration Of Articles.
• Difference Between MOA & AOA.
“Memorandum
Of Association”
“Memorandum Of Association”
Why Memorandum?
Share Holders.
Creditors.
Definition [Sec. 2(28)]
“Memorandum means Memorandum of
Association of a Company as originally
framed or as altered from time to time in
pursuance of any previous Company law
or of the Companies Act of 1956.”
“Memorandum Clauses”
Name clause
MOA
Capital Clause
“Name Clause” [Sec. 13(1)(a)]
Change Of Name.
Change of Registered Office.
Alteration of Objects.
Change in Liability Clause.
Change in capital.
“Doctrine of Ultra Vires”
• Ultra = “Beyond” & Vires = “Power”.
Definition:-
“The Articles of Association of a company
as originally framed or as altered from
time to time in pursuance of this Act,
including so far as they apply to the
Company, the regulations contained in
Table A in Schedule I annexed to this
Act”
“Properties of AOA”