The business and objects of a company and the rules and regulations governing its management are known by two important documents called 'Memorandum of Association' and 'Articles of Association'. Therefore, for the formation of a company these documents are essential. oMemorandum of Association - The memorandum of association is the charter of the company. Its purpose is to enable the shareholders, creditors and those dealing with the company to know its permitted range of business. Memorandum of Association of a company contains the following details among others: Name of the company State in which the registered office of the company is to be situated Objects of the company Liability of the members and Share capital and its division. oArticles of Association - Articles of Association are rules and regulations governing the internal management of the company. They define the powers of the officers of the company. Articles of Association are subordinate to Memorandum of Association and it contains the following details among other things: Number of directors of the company Procedure for conducting meetings of the shareholders, board of directors. Procedure for transfer and transmission of shares Borrowing powers of the company Officers of the company and other details.
The rule of the Mughals was established after the
Consider the following statements with reference to the Kailash temple at Ellora:
1. It is the largest monolithic structure in the world.
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Harappa, an archaeological site, lies on the left bank of which river?
The Fifth and last Storey of Qutub Minar was built by
The India’s First Woman Governor of India is
Which of the following is not the part of the AXIS power during the World War- II?
Where is the first evidence of humans found in India?
Harappa is situated on the banks of which river?
Where is the National Human Museum located?
Consider the following statements with reference to Chalcolithic culture in India:
1. Most of the sites of Ahar culture were located in the Banas...