Memorandum of Association (MOA)



Memorandum of Association (MOA)

The Memorandum of Association (MOA) of a company is a legal document that outlines the company's structure, objectives, and scope of operations. When it comes to amendments to the MOA, they typically involve changes in certain sections of the document, which may include:

Documents Required

(i).*Name Clause**: The name of the company can be changed through an amendment, provided the new name complies with legal requirements.

(ii). *Registered Office Clause**: This clause specifies the company's official address. If the company changes its location, the address in the MOA will need to be amended.

(iii).*Capital Clause**: This clause outlines the company's share capital structure. If there is a change in the authorized share capital or the types of shares, an amendment is required.

(iv). Liability Clause**: This outlines the liability of the members of the company. In most cases, the liability is limited to the amount unpaid on their shares. Any changes here would require an amendment.

(iv).Association Clause**: This clause contains the declaration by the subscribers stating that they are forming the company. Any change related to the number of subscribers or directors may lead to an amendment.