Definitions for "Memorandum of Association"
Related Terms:
Articles of association, Articles of incorporation, Certificate of incorporation, Corporate charter, Corporate resolution, Close corporation, Charter, Corporate, Incorporated, Corporate kit, Incorporate, Registrar of companies, For-profit corporation, Domestic corporation, Foreign corporation, Business corporation, Registered office, Register of members, C-corporation, Company secretary, Ibc, Incorporation, Articles of organization, Shelf company, Not-for-profit corporation, Corporate seal, Proxy statement, International business company, Outside director, Limited company, Shareholder proposal, Independent director, Proprietary company, Subsidiary, Insiders, Corporation or company, Registered company, Directors, Insider, Incorporator, Corporate name, Companies house, Affiliated company, Control person, Proxy fight, Piercing the corporate veil, Memorandum, Parent company, Holding company, Subsidiary company
The charter of a company which indicates nationality, the nature of its business and the share capital it is authorised to issue. It is a statutory document which effectively governs the company's relations with the outside world.
(GB) or Certificate of Incorporation (US) - the document drawn up by a company's founders stating its name, purpose, registered office or premises and authorized share capital.
A document stating the basis upon which a company is created and established. The document includes the company's name, address, initial objectives, capital, basis and extent of external dealings and initial objectives. (See also Articles of Association).
document stating important facts about a company, such as its legal status, country of incorporation, etc.
Those details which a company, when formed, must submit to the Registrar of Companies together with its articles o association. They include company name, registered office, objectives, authorised share capital and a statement of limited liability.
a document setting out the essentials of a company, which include the name of the company, the location or address of the registered office and the objectives of the company once it starts its activities
the constitution of a company which regulates its external relations.
The memorandum is one of the primary legal document of a company. It contains the name of the company, authorized share capital, initial members and object clause (if any). It has to be filed to Companies Registry at the time of incorporation or if there is any changes thereafter.
A document which governs the relationship of the company with the world at large, stating its name, its domicile, what it may do, that its liability is limited and the amount of its authorised share capital – the company's charter enabling the outsider to establish the extent of the company's powers.
The document of a company that lays down its name, registered office, objectives, share capital and the liability of its members in the event of winding up.
a formal document (including the company name, address, objectives, and capital) that constitute the charter of incorporation of a company.
The Memorandum of Association of a company states the name of a company and aims to set out the main and subsidiary objectives of the company (with a corresponding NACE Code). It also establishes the share structure of the company.
The Memorandum of Association is a constitutional document of a company that deals with matters such as the company name, registered office, that it has limited liability, its trading objects and other relevant facts. The other main constitutional document of a business is the Articles of Association.
statement of the name, purpose (objects), and liability of a company, signed by the first members as subscribers. For a limited company the type of limitation (shares or guarantee) and extent will also be stated. Other clauses can be placed in the memorandum if it is intended to make them permanent (articles are much easier to change) so the non-profit clause of a charity must be in the memorandum.
In conjunction with the Articles, the Memorandum of Association forms the official documentation of the limited company. Where the general purpose of the Articles is to govern the internal operation of the company, the Memorandum governs the companies external operations and business relationships.
A constitutional document of a company, detailing its name, its registered office, the fact that it has limited liability, its trading objects and other relevant facts. See also Articles of Association, the other main constitutional document of a company.
A document drawn up by the founder members of a Company. It states the name of the Company; whether the Company is a public or private Company; whether the registered office is to be situated in England and Wales, or Scotland; the objects of the Company (i.e. the activities it may pursue); the authorised share capital; the nominal value of the shares; a list of initial subscribers and whether the liability of members (shareholders) is limited. The Memorandum is filed at Companies House together with the Articles of Association (see definition).
A document (including the company name, address, objectives, and capital) that states the foundation upon which a company is established.
The Memorandum of Association is the first constitutional document of a company containing fundamentals such as the name, the company's objects and powers, and its original share capital. In the past companies could avoid activities which fell outside their express powers as shown in the Memorandum (the "ultra vires" doctrine). This rule no longer applies, at least for third parties dealing with the company. The Articles of Association contain the internal regulations and bye-laws covering procedure, shares, meetings, directors and other administrative issues. It is commonly based on Table A.
primary constitutional document of a company stating what the company can do
A legal document that lays down the objects of a registered company and details of the regulation of the company's business dealings. It is one of the two fundamental documents upon which registration of any company is based. See articles of association. Since July 1, 1998 replaced by a constitution. See business structures section for more detail.
The Memorandum of Association of a company, often simply called the Memorandum, is the document that governs the relationship between the company and the outside world. It is one of the documents required to incorporate a company in the United Kingdom and Ireland, and is also used in many of the common law jurisdictions of the Commonwealth.