What are the important documents of a company?

What are the important documents of a company?

These are the Memorandum of Association, Articles of Association, consent of proposed directors, agreement, statutory declaration and payment of fee. The Memorandum of Association is the most important document as it defines the objectives of the company.

Which document is called the constitution of the company?

The MOA is accessible to the public and describes the company’s name, physical address of registered office, names of shareholders and the distribution of shares. The MOA and the Articles of Association serve as the constitution of the company.

Which document defines the objectives of the company?

Memorandum of Association is the legal document that specifies the objectives of the company.

What is the most important document of a company?

The most important document in the constitution of a company is the Memorandum of Association of the company. The Articles of Association is the second most important document that needs to be registered by any company for its incorporation, registration and subsequent operation.

How company can change its name?

Changing company names amounts to a significant alteration since Memorandum of Association and Articles of Association need to be altered. As per Section 13 of the Companies Act 2013, a company may change its name by passing a special resolution in general meeting and receiving approval from the Central Government.

What type of document is the Constitution?

The Constitution is known as a “living” document because it can be amended, although in over 200 years there have only been 27 amendments. The Constitution is organized into three parts. The first part, the Preamble, describes the purpose of the document and the Federal Government.

Is a primary document of the company which contains the aims and objectives of the company?

Memorandum of Association is a primary document of the company which contains the aims and objectives of the company.

What defines the power of the company?

A company can invoke all its powers as allowed by the Companies Act, 1956. Everything else is Ultra Vires (“Ultra” means beyond and “Vires” means power). A company acting Ultra Vires means it is acting illegal in the eyes of the law.

Which is the most important document of WWW?

web page is the important document of www (world wide web).

What are the basic legal documents of a company?

9 Crucial Legal Documents Needed for your Business

• 9 Necessary Legal Documents for a Business.
• Memorandum of Understanding.
• Registration of the Trademark.
• Non-Disclosure Agreements.
• Employee Contracts Along with Offer Letters.
• Shareholders Agreement.
• The Service Agreement of Directors.
• Business Plan.

What should be included in a scope of work document?

A scope of work (SOW) document is an agreement on the work you’re going to perform on the project. The document includes: Deliverables: This is what your project delivers, of course. Whether it’s a product or a service, it’s the reason you’re executing the project for your customer, stakeholder or sponsor.

What is the purpose of a scope statement?

The scope statement defines what’s in, and what’s out of the project. The scope statements define: Project scope statements are usually found within a Statement of Work (SoW) but can also exist independently to provide detail for an estimate.

Who are the parties to a scope of work?

At its core, a scope of work is a document that covers the working agreement between two parties. Usually that’s a client (aka you) and an agency, vendor, or contractor (aka the outside team you’re working with).

How is the scope of a project defined?

Defined as the sum of all resources, deliverables, features, and tasks within a given project, your project scope is the boundary in which your entire project exists.