Question

State the following statement is True or False:

Articles of Association acts as the charter of the company.

• A. True
• B. False

Answer 1

The correct option is B False

Memorandum of Association and Articles Of Association both serve as significant documents of a company. However, MOA acts as a charter document of the company. It contains all the essential details about the company. The company cannot violate MOA. on the other hand, AOA lays rules and regulations for the internal management of the company. It cannot violate MOA.

Thus, the correct answer is B