Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
99 views
in Business Studies by (58.9k points)
closed by
Distinguish between a Memorandum of Association and Articles of Association.

1 Answer

0 votes
by (62.2k points)
selected by
 
Best answer
Difference between a Memorandum of Association and Articles of Association:
BASIS FOR COMPARISON MEMORANDUM OF ASSOCIATION ARTICLES OF ASSOCIATION
Meaning memorandum of Association is a document that contains all the fundamental information which are required for the incorporation of the company. Articles of Association is a document containing all the rules and regulations that governs the company.
Defined in Section 2 (56) Section 2 (5)
Type of Information contained Powers and objects of the company. Rules of the company.
Status It is subordinate to the Companies Act. It is subordinate to the memorandum.
Retrospective Effect The memorandum of association of the company cannot be amended retrospectively. The articles of association can be amended retrospectively.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...