Address Clause of Memorandum of Association

Address Clause of Memorandum of Association

Address clause of Memorandum of Association

A company’s memorandum of association, often simply called the “Memorandum”, is the document that governs relations between the company and the outside world. It serves as the constitution of the company. It is a public document and may be inspected by anyone, usually at the public office where it is lodged. The structure and formulation of Joint Stock Company are made on the basis of the memorandum of association.

Memorandum of Association is the most important document as it treated as a constitution of the company. No company can legally undertake activities that are not contained in its Memorandum of Association. According to the Companies Act-1994 and the Section-11, Name clause is placed in it as per below:

Address clause: This clause states that a company must have a registered office at which all the communications and notices are to be addressed. The place of registered office can be intimated to the Registrar within 30 days of incorporation or commencement of business, whichever is earlier- so that the registrar may be able to send notice to the company at the registered office. The memorandum will only state the name of the province/city/location where the office is situated and the address where the office is situated. This clause determines the jurisdiction of the Registrar of Companies and the court. This clause also ascertains the nationality of the company. The full address of the registered office must be communicated to the Registrar of Companies for future communication.