Showing posts with label #formats. Show all posts
Showing posts with label #formats. Show all posts

Tuesday, 22 August 2023

Format of Memorandum of Association

FEDERAL REPUBLIC OF NIGERIA
COMPANY AND ALLIED MATTERS ACT,2020
PRIVATE COMPANY LIMITED BY SHARES 
MEMORANDUM OF ASSOCIATION 
OF 
JAY STEVE SHOPPING COMPLEX LTD


The registered office of the company will be situated in Nigeria
The object for which the company is established are:
Increase net operating income.
Increase market share.
Managing greater competition in market.
Sustain growth in sales promotion.
providing quality goods for our customers
The company is a private company 
The liability of the members is limited by shares
The nominal share capital of the company is 1000,000 naira divided into 10 ordinary shares 1 naira 50 Kobo each

We, the several person whose name and address are subscribed belowhere,are diserous of being form into a company,in pursuance of Memorandum of Association and we respectively agreed to take the number of shares in the capital of the company set opposite our respective names.

A. Names of Subscribes : 1. Joy Sunday 2. Samuel Jackson 3. Zealot Moses 4. Juliet John 5. Gabriel Jonah 
Address of subscribers : 1. No 124 GRA Gombe 2. 46 Beside Ecwa goodnews Ashaka road Gombe 3. No 57 Mallam inna Gombe 4. No 55 beside GSU Gombe 5. Beside ABI filling station Gombe
Description of subscribers : 1. Civil servant 2. Building Contractor 3. Accountant 4. Politician 5. Lawyer 
Number of shares taken : 1 takes 250,000 shares 2. Takes 150,000 shares 3. Takes 100,000 shares 4. Takes 300,000 shares 5. 200,000 shares
Signatures of subscribers : All subscribers have signed the documents Successfully
On the 20/07/2023.
Particulars of witness to the above signature:

Name of witness : Elizabeth Alexander
            Address of witness: No 19 Beside Markey resort Gombe Nigeria
            Occupation of witness : A Lawyer by profession 














Conclusion :
The memorandum of Association is a very good document that is use all over the world to interact with the external world,it is also a document that that the court of law consider very important worldwide,a company cannot do without it,is just a must because it is a need and not a want.











Reference:
• https://cleartax.in/s/memorandum-of-association-moa
• https://www.toppr.com/guides/business-laws/companies-act-2013/memorandum-of-association/

MANAGEMENT INFORMATION SYSTEM

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