Presentation on Memorandum of Association
- 1. Presentation on Memorandum of Association Presented By Naveen Chopra MBA
- 2. Memorandum of Association Contains fundamental conditions Charter of company Lays down area of operation of the company Regulates external affairs Defines the object & scope
- 3. Assumptions Regarding the company • Name- ABC Pvt. Ltd. • Number of Share Holders/Members- 4 • Situated in- Yamunanagar (Haryana)
- 4. Certificate of Incorporation • I hereby certify that ABC PVT. LTD. is incorporated under the companies act, 1956 and that company is limited. • Given under my hand at Yamunanagar this Fifth Day of October Two thousand and Thirteen. Sd/XYZ Registrar of Companies Yamunanagar Haryana
- 5. Contents of Memorandum (Sec. 13) • Name of the company (Ltd./ Pvt. Ltd.) • State in which registered office is situated • Classification of objects (Main objects/ Ancillary or Incidental objects/Other objects) • Limited liability • Share capital • Association clause
- 6. Name Clause • The Name of the company is ABC PVT. Ltd.
- 7. Registered Office Clause • The registered office of the Company will be situated in the State of Haryana.
- 8. Object Clause • Main Objects • To acquired by purchase, lease, exchange or otherwise land, building of any tenure or description and any estate or interest therein. • To carry on in INDIA or elsewhere the business to generate, produce, develop, improve, buy, receive, acquire, use, sell, supply the goods for the attainment of foregoing objects
- 9. Object Clause • Ancillary Objects • To manufacture, buy, sell, repair, alter and exchange in all kinds of articles and things which may be required for the purpose of any of the business in this moa contained. • To draw, make, accept, endorse, discount, execute and issue promissory notes, hundies, bills of exchange, bills of landing, warrants, debentures and other negotiable and transferred instruments.
- 10. Object Clause • Ancillary Objects • To invest and deal with the money of the company not immediately required in such manner as the company may deem fit. • To communicate the Chambers of Commerce measures and other mercantile and public bodies throughout the world and concert and promote for the protection of the trade, industry and persons engaged therein.
- 11. Object Clause • Other Objects • To carry on the business of manufacture, purchase, import, sell and deal in electric goods of all kinds and to establish factory for that purpose. • The liability of the members is limited by shares.
- 12. Share Capital Clause • The authorized share capital of the company is Rs 1,00,00,000/- (Rupees one crores) divided into 50,000 Equity Shares of Rs 100/and 50,000 Redeemable/Non- Redeemable, Cumulative/Non- Cumulative Preference Share of Rs 100/- each.
- 13. Liability Clause • The liability of the members is limited by shares.
- 14. Association or Subscription Clause
- 15. Thank You