What is a memorandum of association in Kenya?

What is a memorandum of association in Kenya?

Memorandum and Article of Association is a crucial document that is part of the requirements to register a Limited Company in Kenya. It consists of two parts; Memorandum of Association and Article of Association.

How do you write a memorandum of association?

A Memorandum of Association (MOA) should include particulars of the following description.

1. Name and Registered Address. It begins with the name of the company mentioned in full and specified as incorporated under the Companies Act, 1956.
2. Objectives.
3. Liability.
4. Capital.
5. Association.

Where can I get a copy of memorandum and articles of association?

The memorandum is a public document that may be viewed by the public via Companies House. Every company has to keep a copy of the memorandum at their registered office or SAIL address. Likewise, companies have to keep a copy of the articles of association at their registered office or SAIL address.

What is contained in article and memorandum of association?

The memorandum of association is the document that sets up the company and the articles of association set out how the company is run, governed and owned. The articles of association includes the responsibilities and powers of the directors and the means by which the members exert control over the board of directors.

How do you print a memorandum and Articles of Association?

Answer: You can purchase documents filed with ACRA (e.g. Memorandum & Articles of Association) by logging on to www.bizfile.gov.sg. Under “Buy Information”, click on Other information > Extracts > Buy now.

What are the contents of Articles of Association?

Contents of the Articles of Association

• Share capital: Rights of various shareholders, share certificates, payment of a commission, etc.
• Lien of shares.
• Calls on shares.
• The process for the transfer of shares.
• Transmission of shares.
• Forfeiture of shares.
• Surrender of shares.
• Process for conversion of shares to stocks.

What is article of association with example?

Small Business Example of Articles of Association The company will choose a name and define its purpose. Company directors are listed, along with their personal information. A business address is also provided. Changes can be made to the articles of association with director(s) approval.

Who prepare draft of memorandum and articles of association?

Promoter prepares draft Memorandum and Articles of Association.

How do you print a memorandum and articles of association?

How do I download a memorandum of association?

How can I get a copy of MOA and AOA of my company? You can get a copy of your companies MOA and AOA using Get Certified Copy service of MCA. Select Document Category as Incorporation Documents and select Year of Filing i.e, Incorporation Year. Make a payment of fees and create a request for its certified copies.

What is the basic difference between memorandum of association and articles of association?

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.

What type of document is Memorandum of article?

Memorandum is the fundamental document while Article of Association is a subsidiary document. The article of Association deals the internal affairs of the company while Memorandum deals both, the internal as well as the external affairs of the company.