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Statutory points to be considered while drafting moa n aoa

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(Querist)
19 April 2012 please any one Provide me The Points Yo Be Kept in Mind While Drafting the MoA n AOA In Companies Act, 1956
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Ajay Mishra

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Ajay Mishra (Expert)
20 April 2012 Hi

Following point should be kept in mind before drafting of MOA of proposed Company:

1. Name of the proposed company for which MOA is prepared.
2. Place of Registered office of the company.
3. State whnere the company is going to be registered.
4. Main objects and other objects of the company. and
5. Share capital(Authorised and Paid up Capital) from which company is going to be incorporate. Please keep in mind that minimum one lakh for private company and minimum five lakh paid up capital for public company is required to be mentioned.

For AOA it should be as per Table A of Schedule I of the Companies Act, 1956.


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