CORPORATE CORPORATE AND AND

COMMERCIAL COMMERCIAL LAWLAW

TOPICTOPICMEMORANDUM MEMORANDUM

OF ASSOCIATIONOF ASSOCIATIONPresented ByPresented By

Group AGroup AM.COM-2M.COM-2

PRESENTED TOPRESENTED TO

AhmadWaqar

Prof

Yasin

GROUP MEMBERSGROUP MEMBERSZain Chaudhary Ahmad Raza Bhatti

Saher Yasin Hira Nisar

ZAIN CHAUDHARYZAIN CHAUDHARY

CONTENTSCONTENTS

IntroductionIntroduction

DefinitionDefinition

Important points of (MOA)Important points of (MOA)

Patterns of MEMORANDUM OF ASSOCIATION (MOA)Patterns of MEMORANDUM OF ASSOCIATION (MOA)

Contents of MEMORANDUM OF ASSOCIATION (MOA)Contents of MEMORANDUM OF ASSOCIATION (MOA)

Format of subscription clauseFormat of subscription clause

Other general provisions regarding MOA.Other general provisions regarding MOA.

INTRODUCTIONINTRODUCTION

A Memorandum of Association (MOA) is a legal document prepared in the formation and registration process of a limited liability company to define its relationship with shareholders. The MOA is accessible to the public and describes the company's name, physical address of registered office, names of shareholders and the distribution of shares.

DEFINITIONDEFINITION

A Memorandum of Association (MOA) is a legal document prepared in the formation and registration process of a limited liability company to define its relationship with shareholders.

SAHER YASINSAHER YASIN

IMPORTANT POINTS OF (MOA)IMPORTANT POINTS OF (MOA)

Memorandum of association is a document which sets of the Memorandum of association is a document which sets of the constitution of the company.constitution of the company.

Body of rules and regulations.Body of rules and regulations.

It is the foundation upon which the structure of the company is It is the foundation upon which the structure of the company is based.based.

It describe the scope of the company’s activities and its relations It describe the scope of the company’s activities and its relations with outsides.with outsides.

It defines the boundaries of the company and determines the It defines the boundaries of the company and determines the powers, objects and limits of a company.powers, objects and limits of a company.

A company cannot go beyond its Memorandum.A company cannot go beyond its Memorandum.

PATTERNS OF MEMORANDUM PATTERNS OF MEMORANDUM OF ASSOCIATION (MOA)OF ASSOCIATION (MOA)

Type of company Related Table

Company limited by shares Table-B

Company limited by guarantee and not having share capital

Table-C

Company limited by guarantee and having share capital

Table-D

Unlimited Company Table-E

CONTENTS OF MEMORANDUM CONTENTS OF MEMORANDUM (SEC. 13)(SEC. 13)

• Name of the company (Ltd./ Pvt. Ltd.)Name of the company (Ltd./ Pvt. Ltd.)

• State in which registered office is situatedState in which registered office is situated

• Classification of objects (Main objects/Other objects)Classification of objects (Main objects/Other objects)

• Limited liability / Unlimited liabilityLimited liability / Unlimited liability

• Share capitalShare capital

• AssociationAssociation

AHMAD RAZA BHATTIAHMAD RAZA BHATTI

NAME CLAUSENAME CLAUSE

• The Name of the company is ABC PVT. Ltd.The Name of the company is ABC PVT. Ltd.

REGISTERED OFFICE CLAUSEREGISTERED OFFICE CLAUSE• The registered office of the Company will be situated in ABC.The registered office of the Company will be situated in ABC.

OBJECT CLAUSEOBJECT CLAUSE

OBJECT CLAUSEOBJECT CLAUSE• Other ObjectsOther Objects

• To carry on the business of manufacture, purchase, import, sell To carry on the business of manufacture, purchase, import, sell and deal in electric goods of all kinds and to establish factory for and deal in electric goods of all kinds and to establish factory for that purpose.that purpose.

HIRA NISARHIRA NISAR

SHARE CAPITAL CLAUSESHARE CAPITAL CLAUSE

LIABILITY CLAUSELIABILITY CLAUSE• The liability of the members is limited by shares.The liability of the members is limited by shares.

ASSOCIATION OR ASSOCIATION OR SUBSCRIPTION CLAUSESUBSCRIPTION CLAUSE

OTHER GENERAL PROVISIONS OTHER GENERAL PROVISIONS REGARDING MOA.REGARDING MOA.

The Memorandum shall be.The Memorandum shall be.

a)a) in printed formin printed form

b)b) divided into paragraphsdivided into paragraphs

c)c) signed by each subscriber membersigned by each subscriber member

d)d) dateddated

FORMAT OF MOAFORMAT OF MOA1

2

3

THANK YOUTHANK YOU