Question
Which of the following documents can be referred to as
the the charter of a company,a documentwhich amongst other things, defines the area within which the company can operate?Solution
Section 2(56) āmemorandumā means the memorandum of association of a company as originally framed or as altered from time to time in pursuance of any previous companyĀ law. ItĀ isĀ aĀ legalĀ documentĀ thatĀ servesĀ asĀ theĀ foundationĀ ofĀ a company's constitution. The MOA defines the company's objectives, powers, and scope of operations. It outlines the relationship of the company with its shareholders and external stakeholders
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