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 Memorandum of Association  Introduction Meaning of Memorandum of Association What is the charging section of the 'Memorandum of Association'? What are the components of the 'Memorandum of Association'? Conclusion The Memorandum of Association is a document that governs the relations of a  company with the outside world. It is one of the most important documents needed for the incorporation of a company.  The Memorandum of Association is charged under Section 399 of the Companies Act, 2013 The MoA is considered as the constitution of the company. It provides the foundation to the structure or the building of the company. The MoA is defined as a company's charter. It defines the limitation of the company's powers. Particular parts of the memorandum can be altered whenever and however required. The MoA enables the shareholders, creditors and investors to know the permitting range of the company. It regulates  the company's external affairs. Importance of...

 Corporate Personality In this blog we would discuss the basic concepts related to a corporate personality. In order to become a corporate personality, an entity has to comply with the provisions of company law. This means that the provisions enlisted in the Company Act, 1956 should be complied.  This blog would give a brief introduction to Company Law. This includes: What is a company?  What would be the extend and application of Company Act 2013 Nature of Corporate form  Advantages and Disadvantages of incorporation Kinds of company etc. Introduction Organisations require a huge amount of investment. As the investment are big, the risk involved are also very high. While undertaking a big business, the two important limitations of the partnership are the limited resources and the unlimited liability of the partners.  The company forms the partnerships has become popular to overcome the problems of the partnership business. Various MNCs have their investors and ...