document defines the scope of a company rsquo s activities ........

Companies Act-Phase (I & II) Introduction to Company Act

Download Solution PDF

_____________ document defines the scope of a company’s activities:

Memorandum of Association

Articles of Association

Prospectus

None of the above

छोटे Courses बड़े Results

Master Introduction to Company Act

Prepare through Micro-courses

Try Now

Explanation:

Memorandum of Association (MOA) is a legal document prepared in the formation and registration process of a limited liability company. The MOA contains the name, location of registered office, main and other objects of the company, liability of the members, and the authorized capital of the company. It explains the scope of company’s activities. The prospective shareholders know the areas where company will invest their money and risk, they are taking in investing the money. Any activity beyond MOA is ultra vires.