Altroz Trade and Investment Ltd is a private limited company incorporated on April 29, 2021 in Mauritius as a global business company. The company has 3 directors: Agowun Nihad Mohammad Akram, Mittra Subir, and Toorabally Shakill Ahmad. Amicorp (Mauritius) Limited serves as the company's management company and secretary.
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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
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Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
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Altroz Trade and Investment Ltd.pdf
1. Registrar of Companies
20/01/2023
Date Issued:
Company Details
Date Incorporated:
Nature:
Sub Category:
Status:
29/04/2021
Private
Live
File No.:
Name:
C179198
Altroz Trade and Investment Ltd
Type:
Category:
LIMITED BY SHARES
GLOBAL BUSINESS COMPANY
Registered Office Address: C/O Amicorp (Mauritius) Limited, 6th Floor, Tower 1 Nexteracom Building Ebene MAURITIUS
Office Bearers
Position Name Service Address Appointed Date
DIRECTOR AGOWUN NIHAD MOHAMMAD
AKRAM
6TH FLOOR, TOWER 1 NEXTERACOM
BUILDING EBENE MAURITIUS
30/06/2022
DIRECTOR MITTRA SUBIR VILLA - JPK3VL - 25, 393, AL THANYAH FIFTH
PREMISES NUMBER: 393099741 DUBAI
UNITED ARAB EMIRATES
29/04/2021
DIRECTOR TOORABALLY SHAKILL AHMAD 6TH FLOOR, TOWER 1 NEXTERACOM
BUILDING EBENE MAURITIUS
29/04/2021
MANAGEMENT
COMPANY
Amicorp (Mauritius) Limited Level 6, Tower 1, NeXteracom Building Ebene
Mauritius MAURITIUS
29/04/2021
SECRETARY Amicorp (Mauritius) Limited Level 6, Tower 1, NeXteracom Building Ebene
Mauritius MAURITIUS
29/04/2021
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