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Question

The memorandum has to be divided into __________ .

A
Four Clauses
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B
Six Clauses
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C
Seven Clauses
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D
Eight Clauses
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Solution

The correct option is A Six Clauses
The Memorandum of Association (MOA of Private Limited Company) sets down the constitution of a company containing certain fundamental matters. It is a basic document for the very existence of the company. Every Company must have its own Memorandum of Association. The MOA is the charter of the company which defines and limits the powers of a company for the information of the public at large. The purpose of the Memorandum of Association is to display the permitted range of activities of a company for the guidance of shareholders, creditors and others.

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