The document summarizes the key differences between a Memorandum of Association (MOA) and Articles of Association (AOA). The MOA is the root document of a company that contains its basic details and defines its objectives and powers. It must be registered at incorporation. In contrast, the AOA contains the internal rules and regulations of a company and is subordinate to the MOA. It details the relationship between a company and its members.

1. PRESENTATION ON MOA & AOA
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2. Memorandum Of Association (MOA)
The root document of the company which contains all the basic details about
the company.
Articles Of Association (AOA)
The document which contains all the rules & regulations designed by the
company.

3. Difference Between MOA & AOA
Basis MOA AOA
Definition A document that contains all
the condition which are
required for the registration of
the company.
a document that contains the
rules and regulation for the
administration of the company
Source defined in section 2 (56) defined in section 2 (5)
Registration Must be registered at the time
of Incorporation
May or May not be registered
Types of Info. Powers & objects of the
company
Rules of the company
Status Sub-ordinate to the company
Act
Sub-ordinate to the
memorandum
Contents Must contain 6 clauses Can be drafted according to
company decision
Relation Between company & Outsiders Between company & members

4. Effects of MOA
1. Foundation of a Business. Shows the capacity to
contract of a company.
2. Constitution of a company which relates with the
outside world.
3. No company is allowed to temper with its contents
without the section of central govt. or court of law.
4. Any act of the company outside the scope of
activities as laid down in the memorandum is said to
be ultra-vires & non-binding on it.

5. Effects of AOA
1. The members are bound to the company .
2. The company is bound to the members.
3. Neither company nor members bound to outsiders
article bind the members but neither of them is bound to
an outsider to give effect to the articles.
4. The articles defines rights and liabilities of the
members.

6. Hypothesis of MOA

7. Example of MOA