Memorandum of Association

The charter document of a company under Section 2(56) of Companies Act 2013 defining its name, registered state, objects, liability, and authorised capital. No company activity can go beyond the MOA objects (ultra vires doctrine).

Memorandum of Association is governed by the Ministry of Corporate Affairs under the Companies Act, 2013. Understanding this concept is essential for ensuring regulatory compliance, avoiding penalties, and making informed corporate decisions in India.

Memorandum of Association is relevant for company secretaries, compliance officers, chartered accountants, corporate lawyers, board members, and all professionals dealing with MCA regulatory matters in India.