Explain the following concept:Memorandum of Association – InterviewSolution

1.	Explain the following concept:Memorandum of Association
Answer» It is a secondary document. A Memorandum of Association is a primary document of a company. It states the objects for which the company is formed. A Memorandum of Association of a company is a charter or constitution of a company. It describes the range of activities a company can undertake. No company can be registered without a Memorandum of Association. Memorandum establishes a relationship between the company and an outsider.

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