MOA stands for Memorandum of Association, and AOA stands for Articles of Association. Both are important documents for any company registered under the Companies Act, 2013.
The Memorandum of Association contains the company’s objectives, its authorized share capital, the names of its shareholders and the number of shares they hold, and the location of the registered office.
The Articles of Association, on the other hand, outlines the rules and regulations of the company, such as the responsibilities of directors, the procedures for holding meetings, and how the company’s shares can be transferred.
Together, the MOA and AOA provide the legal framework for the company’s operation, management, and decision-making. They are crucial documents that are required for the registration of a company and must be submitted to the Registrar of Companies during the registration process.