Document background
The Memorandum of Society, also known as Memorandum of Association, is a mandatory document required for company incorporation in India under the Companies Act, 2013. This document is essential when establishing any new company, whether private or public, and must be filed with the Registrar of Companies. It contains crucial information about the company's identity, including its name, registered office location, business objectives, liability structure, and capital composition. The Memorandum serves as a public document that informs stakeholders about the company's scope of operations and limitations. It plays a vital role in defining the company's relationship with external parties and is referenced throughout the company's lifetime for various legal and operational matters. The document must comply with specific formatting and content requirements as prescribed by Indian corporate law.
