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Memorandum of association

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Memorandum of association

  • This topic has 1 reply, 2 voices, and was last updated 13 years ago by MikeLittle.
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  • May 2, 2012 at 6:51 pm #52396
    wahab11
    Member
    • Topics: 30
    • Replies: 15
    • ☆

    I want to know , why does a person has to subscribe to memorandum of association under companies act 2006 to form a company, considering articles of association is major document not memorandum of association, . What sense does it make to you?

    May 3, 2012 at 9:04 am #96902
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23352
    • ☆☆☆☆☆

    Since the passing of the 2006 act, the memorandum is now purely a matter of historical record indicating that the subscribers wish to form a company in the name of “ABC Ltd ( plc )”

    It’s a part of history?

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