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The full articles of association should cover: The powers, responsibilities, indemnity and insurance of the directors. Details of how directors hold meetings, vote, delegate and handle conflicts of interest. How directors are appointed and removed. How records of directors' decisions will be recorded. Liability of members.
Memorandum of association Registered company name. Date of subscription. Act under which the company is incorporated - Companies Act 2006. Whether the company is limited by shares or limited by guarantee. Names of each subscriber (founding members)
The Memorandum Company name. Date of incorporation. Type of company. Act under which the company is registered. Names and signatures of all subscribers (original shareholders or guarantors) Limited liability of shareholders or guarantors.
Articles of association define what a company is and how it operates. This includes fundamental information such as the company's name, its founders and original shareholders, the purpose driving the company, how shareholders meetings are conducted, and how directors are hired.
Updated August 11, 2020: A memorandum of association contains a name clause, registered office clause, object (or objective clause), objects clause, liability clause, capital clause, and association clause. An MOA is a type of legal paper that is prepared when forming and registering a limited liability company (LLC).