MEMORANDUM OF ASSOCIATION

    MEMORANDUM OF ASSOCIATION     # What is a Memorandum of Association ??? Memorandum of association is the most important documents of a company. It is the charter or constitution of the company. It lays down the powers and objects of the company as well as the scope of operations of the company beyond which it […]

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PRIVATE and PUBLIC COMPANIES

DEFINITION OF PRIVATE COMPANIES A private company means a company which: 1. Restricts the right of members to transfer its shares. 2. Has a minimum of 2 and a maximum of 50 members, excluding the present and past employees, does not invite the public to subscribe to its capital and must have a minimum paid up capital […]

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