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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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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.
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A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
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Ln 602
1. Labh Group of Companies
( Snacks Food Projects Division )
Presents
LN-602
Automatic Sheet making and Cutting
Machine for Roti
www.snacksfoodprojects.com
2.
3. Features
Best quality snacks food processing and packaging machines at most competitive price from
the world renowned snacks food projects manufacturer and exporter from India
Produced in the advanced state of the art manufacturing facility
Latest high-tech design of snacks food producing machines for best performance
Best quality mechanical & electronics parts are used for long working life of the snacks food
equipment
Sturdy design for continuous 24 x 7 running of snacks food manufacturing machines
Snacks food making machine is simple in design and hence easy to operate and maintain
All product contact parts of snacks food processing and packaging machines are made-up of
food grade materials
Produced by highly trained and professional production and supporting staff
Stringent quality control to ensure 100 % customer satisfaction
Very well accepted by customers from more than 100 countries globally
Prompt and accurate delivery with excellent logistics support to even very remote locations
all over the world
Best customer care and efficient after sales services
4. Most renowned and respected name in the snacks food industry worldwide
ISO 9001-2008 certified company
Global presence in more than 100 countries worldwide
"Star Export House" status from Government of India
Member of many renowned national and international organization
Rich experience of more than 20 years in the snacks food industry
Recipient of many reputed awards and certifications for product innovation, quality and
customer care
World class manufacturing facility with state of the art equipment to produce best high
quality snacks food processing and packaging machines
Strong R & D department continuously trying to bring in new innovative ideas and concepts
to supply most advanced snacks food plant & machineries to our global customers
"Win-Win" approach to develop long-term mutually beneficial relationship with our
respectable customers
Why Labh Group?