BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ENVIRONMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Where do we find documents such as the Memorandum of Association and Articles of Association?
A
in partnerships
B
in any type of business organisation
C
in public limited companies
D
in sole traders
Explanation: 

Detailed explanation-1: -The MOA and AOA should be filed with the Registrar of the Companies (ROC) along with the company incorporation form. The Memorandum of Association (MOA) and Articles of Association (AOA) define a company’s scope of work, objectives, rules and internal management.

Detailed explanation-2: -By all this, We come to conclude that the Articles of Association can be accessed by three routes which are: Ministry of Corporate Affairs Website, Right to Information and Registrar of Companies. It is recommended to go to the Ministry of Corporate Affairs Website, before considering other options.

Detailed explanation-3: -The Memorandum of Association (the “Memorandum”) is the public-facing document which includes prescribed information of interest to external parties, while the Articles of Association (the “Articles”) govern the internal affairs of the Company.

Detailed explanation-4: -The company’s entire structure is written down in a detailed manner in the MoA. The Memorandum of Association is a public document. Any person can get the MoA of the company by paying the prescribed fees to the ROC.

Detailed explanation-5: -The two most important documents of every company that are a memorandum of association and articles of association are registered with the registrar of the company. These documents become public documents as these documents are registered at the office of the registrar which is also a public office.

There is 1 question to complete.