State any four differences between Memorandum of Association and Artic

State any four differences between Memorandum of Association and Articles of Association.

Answer»

Differences based on	Memorandum of association	Articles of association
Subject Matter	It contains and objectives of the company	Articles of Association contain rules for implementation of the aims and objectives contained in the Memorandum of Association.
Relationship	It defines the relationship the company and outsiders.	An article defines the relationship between the company and its members.
Amendment	It is very difficult to amend the aims and other provisions can of the Memorandum of Association	The rules given in the articles are easily amended by a special resolution.
Limitation	The Provision given in the Memorandum of Association cannor be outside the scope of companies Act.	The rules given in the Articles of Association can neither be outside the scope of Companies Act nor of the Memorandum of Association.

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State any four differences between Memorandum of Association and Articles of Association.

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