Document background
The Memorandum of Association of Public Limited Company is a crucial incorporation document required under Indian corporate law, specifically the Companies Act, 2013. It must be filed with the Registrar of Companies during the incorporation process and serves as the company's charter, defining its relationship with the outside world. This document is mandatory for all public limited companies in India and contains essential information about the company's name, registered office, objects, liability structure, and capital. The MOA is particularly important as it defines the scope of the company's activities and powers, protecting both shareholders and those dealing with the company by clearly outlining what the company can and cannot do. Any action taken by the company beyond the powers specified in the MOA is considered ultra vires and void.
