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Memorandum of association

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77: 339:, have agreed to become members and, in the case of a company that is to have a share capital, to take at least one share each. It is no longer required to state the name of the company, the type of company (such as public limited company or private company limited by shares), the location of its registered office, the objects of the company, and its authorized share capital. Instead, these details appear solely in the 140: 36: 343:. Companies incorporated prior to 1 October 2009 are not required to amend their memorandum, and for these companies the provisions which would have appeared in the memorandum but are now required to appear in the Articles, such as the objects clause and details of the share capital, are deemed to form a part of the latter. 276:
which cover the company's internal constitution. It contains the fundamental conditions under which the company is allowed to operate. Until recent it had to include the "object clause" which made the shareholders, creditors and those dealing with the company know what is its permitted range of
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Historically, a company's memorandum of association contained an objects clause, which limited its capacity to act. When the first limited companies were incorporated, the objects clause had to be widely drafted so as not to restrict the board of directors in their day to day trading. In the
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The memorandum no longer restricts the activities of a company. Since 1 October 2009, if a company's constitution contains any restrictions on the objects at all, those restrictions will form part of the articles of association.
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It is still a requirement to file a memorandum of association to incorporate a new company, but it contains less information than was required before 1 October 2010. The
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Companies Act 1989, the term "General Commercial Company" was introduced which meant that companies could undertake "any lawful or legal trade or business".
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operation, although this was usually drafted very broadly. It also shows the company's initial capital. It is one of the documents required to incorporate a
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during the process of incorporation of a company. It is the document that regulates the company's external affairs, and complements the
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is an important corporate document in certain jurisdictions. It is often simply referred to as the
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It is basically a statement that the subscribers wish to form a company under the
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deal primarily with the United Kingdom and do not represent a
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Memorandum of Association Law & Legal definition
164:. Unsourced material may be challenged and removed. 84:The examples and perspective in this article 8: 64:Learn how and when to remove these messages 268:. In the UK, it has to be filed with the 242:Learn how and when to remove this message 224:Learn how and when to remove this message 122:Learn how and when to remove this message 406:"Memorandum of association of a company" 330:Companies (Registration) Regulation 2008 305:, Pakistan, Afghanistan, Sri Lanka, and 397: 473:: CS1 maint: archived copy as title ( 466: 7: 162:adding citations to reliable sources 25: 45:This article has multiple issues. 309:and is also used in many of the 138: 75: 34: 332:included pro-forma Memorandum. 149:needs additional citations for 53:or discuss these issues on the 1: 324:Requirements: United Kingdom 554:United Kingdom business law 381:Memorandum of understanding 173:"Memorandum of association" 98:, discuss the issue on the 570: 410:thelawstudies.blogspot.com 376:Memorandum of conversation 490:Memorandum of association 258:memorandum of association 18:Memorandum of Association 371:Constitutional documents 366:Articles of association 341:Articles of Association 274:articles of association 270:Registrar of Companies 158:improve this article 104:create a new article 96:improve this article 455:on 18 December 2015 544:Business documents 337:Companies Act 2006 27:Corporate document 252: 251: 244: 234: 233: 226: 208: 132: 131: 124: 106:, as appropriate. 68: 16:(Redirected from 561: 518: 517: 510: 504: 503: 502: 500: 495: 485: 479: 478: 472: 464: 462: 460: 451:. Archived from 445: 439: 438: 437: 435: 430: 420: 414: 413: 402: 247: 240: 229: 222: 218: 215: 209: 207: 166: 142: 134: 127: 120: 116: 113: 107: 79: 78: 71: 60: 38: 37: 30: 21: 569: 568: 564: 563: 562: 560: 559: 558: 539:Legal documents 524: 523: 522: 521: 512: 511: 507: 498: 496: 493: 487: 486: 482: 465: 458: 456: 449:"Archived copy" 447: 446: 442: 433: 431: 428: 422: 421: 417: 404: 403: 399: 394: 362: 349: 326: 248: 237: 236: 235: 230: 219: 213: 210: 167: 165: 155: 143: 128: 117: 111: 108: 93: 80: 76: 39: 35: 28: 23: 22: 15: 12: 11: 5: 567: 565: 557: 556: 551: 546: 541: 536: 526: 525: 520: 519: 505: 480: 440: 415: 396: 395: 393: 390: 389: 388: 383: 378: 373: 368: 361: 358: 348: 345: 325: 322: 287:United Kingdom 250: 249: 232: 231: 146: 144: 137: 130: 129: 90:of the subject 88:worldwide view 83: 81: 74: 69: 43: 42: 40: 33: 26: 24: 14: 13: 10: 9: 6: 4: 3: 2: 566: 555: 552: 550: 547: 545: 542: 540: 537: 535: 534:Corporate law 532: 531: 529: 515: 509: 506: 492: 491: 484: 481: 476: 470: 454: 450: 444: 441: 427: 426: 419: 416: 411: 407: 401: 398: 391: 387: 384: 382: 379: 377: 374: 372: 369: 367: 364: 363: 359: 357: 353: 346: 344: 342: 338: 333: 331: 323: 321: 319: 315: 314:jurisdictions 312: 308: 304: 300: 296: 292: 288: 284: 280: 275: 271: 267: 263: 259: 254: 246: 243: 228: 225: 217: 214:December 2010 206: 203: 199: 196: 192: 189: 185: 182: 178: 175: –  174: 170: 169:Find sources: 163: 159: 153: 152: 147:This article 145: 141: 136: 135: 126: 123: 115: 112:December 2010 105: 101: 97: 91: 89: 82: 73: 72: 67: 65: 58: 57: 52: 51: 46: 41: 32: 31: 19: 508: 497:, retrieved 489: 483: 457:. Retrieved 453:the original 443: 432:, retrieved 424: 418: 409: 400: 354: 350: 334: 327: 318:Commonwealth 265: 257: 255: 253: 238: 220: 211: 201: 194: 187: 180: 168: 156:Please help 151:verification 148: 118: 109: 85: 61: 54: 48: 47:Please help 44: 499:18 December 434:18 December 528:Categories 459:2 December 392:References 347:Capacities 311:common law 303:Bangladesh 266:memorandum 184:newspapers 50:improve it 549:Memoranda 301:, Nepal, 100:talk page 56:talk page 469:cite web 360:See also 307:Tanzania 94:You may 386:Table A 316:of the 299:Nigeria 291:Ireland 279:company 262:company 198:scholar 295:Canada 285:, the 200:  193:  186:  179:  171:  283:India 260:of a 205:JSTOR 191:books 102:, or 501:2012 475:link 461:2015 436:2012 256:The 177:news 494:(w) 429:(w) 281:in 160:by 530:: 471:}} 467:{{ 408:. 320:. 297:, 293:, 289:, 59:. 516:. 477:) 463:. 412:. 245:) 239:( 227:) 221:( 216:) 212:( 202:· 195:· 188:· 181:· 154:. 125:) 119:( 114:) 110:( 92:. 66:) 62:( 20:)

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Memorandum of Association
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worldwide view
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