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Business Studies

Incorporation

Enlist the di...

Question

Enlist the different clauses of MOA.

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Solution

Name clause, domicile clause, objects clause, liability clause, capital clause and association or subscription clause are the various clauses of an MOA.

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In the MOA, the five clauses are also known as the ___ of the company.

Q. Liability clause in MOA is required by __________________.

Q. Match the following with reference clauses of Memorandum of Association (MOA) of company.

	List I		List II
P.	Second clause	1.	Capital
Q.	Fourth clause	2.	Subscription
R.	First clause	3.	Situation
S.	Third clause	4.	Name
T.	Sixth clause	5.	Liability
U.	Fifth clause	6.	Nature
		7.	Object
		8.	Profitability

Select the correct the answer front the options given below-

A company has 2 lakh shares of which Abid owns 1.5 lakh shares and his friend Basu owns 50,000 shares. This is mentioned in which clause of the MOA?

Q. Enlist different organs of foregut of cockroach.

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