The correct answer is: C. Both A and B
The Memorandum of Association (MoA) and the Articles of Association (AoA) are the two main documents that govern the formation and operation of a company. The MoA sets out the company’s name, registered office, objects, and authorized share capital. The AoA sets out the company’s internal management structure, including the appointment of directors and officers, the holding of meetings, and the taking of decisions.
Both the MoA and the AoA are important documents that should be carefully drafted and reviewed by a lawyer before a company is formed. The MoA and the AoA can be amended by a special resolution of the company’s shareholders.
Here is a brief explanation of each option:
- Option A: Memorandum of Association
The Memorandum of Association (MoA) is a document that sets out the basic information about a
company, such as its name, registered office, objects, and authorized share capital. The MoA is a public document that is filed with the Registrar of Companies.- Option B: Articles of Association
The Articles of Association (AoA) is a document that sets out the internal management structure of a company, including the appointment of directors and officers, the holding of meetings, and the taking of decisions. The AoA is a private document that is not filed with the Registrar of Companies.
- Option C: Both A and B
Both the MoA and the AoA are important documents that should be carefully drafted and reviewed by a lawyer before a company is formed. The MoA and the AoA can be amended by a special resolution of the company’s shareholders.
- Option D: None
The correct answer is not option D, as both the MoA and the AoA are important documents that govern the formation and operation of a company.