Memorandum Of Association Of Consulting Company Template for India

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Key Requirements PROMPT example:

Memorandum Of Association Of Consulting Company

"I need a Memorandum of Association of Consulting Company for a management consulting firm to be incorporated in Mumbai by March 2025, with an authorized capital of 10 million rupees and focused on providing strategic advisory services to Indian manufacturing companies."

Document background
The Memorandum of Association of Consulting Company is a mandatory constitutional document required for incorporating a consulting company in India under the Companies Act, 2013. This document serves as the foundation of the company's existence and defines its relationship with the outside world. It must be prepared when establishing a new consulting company or modifying an existing company's fundamental characteristics. The MOA contains essential information including the company name, registered office location, business objectives specifically related to consulting services, liability clause, and capital structure. It requires registration with the Registrar of Companies and becomes a public document that anyone can inspect. The document is crucial for establishing the scope of the company's consulting activities and ensuring compliance with Indian corporate law requirements.
Suggested Sections

1. Name Clause: States the name of the company with 'Limited' or 'Private Limited' as suffix, along with any name reservation approvals

2. Registered Office Clause: Specifies the state where the registered office of the company will be situated

3. Objects Clause: Details the main objects, ancillary objects, and other objects of the consulting company, specifically focusing on consulting services

4. Liability Clause: States that liability of members is limited to the amount unpaid on shares

5. Capital Clause: Specifies the authorized share capital of the company, types of shares, and their nominal value

6. Association/Subscription Clause: Contains details of subscribers who wish to be formed into a company and their agreement to take shares

Optional Sections

1. Foreign Investment Clause: Required when the company plans to accept foreign investment, specifying permitted foreign investment limits and compliance requirements

2. Branch Office Clause: Needed when the company plans to establish branch offices within or outside India

3. Specialized Service Restrictions: Required for consulting companies offering specialized services (like financial consulting) that need specific regulatory compliance

4. Joint Venture Provisions: Necessary when the consulting company is being formed as a joint venture with other entities

5. Digital Services Clause: Required when the consulting company plans to offer digital or online consulting services

Suggested Schedules

1. Schedule I - Subscriber Details: Detailed information about initial subscribers including names, addresses, shares subscribed, and signatures

2. Schedule II - Share Capital Structure: Detailed breakdown of different classes of shares, rights attached, and nominal values

3. Schedule III - Main Object Details: Comprehensive list of consulting services and business activities the company intends to undertake

4. Schedule IV - Rules for Internal Management: Optional schedule detailing specific rules for company management (if not covered in Articles of Association)

5. Schedule V - Professional Qualifications: List of required professional qualifications and certifications for specific consulting services

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Management Consulting

Information Technology

Financial Services

Healthcare

Engineering

Human Resources

Environmental Services

Education

Business Strategy

Digital Transformation

Sustainability Consulting

Legal Services

Relevant Teams

Legal

Compliance

Corporate Secretarial

Board of Directors

Corporate Governance

Risk Management

Finance

Operations

Administrative Support

Relevant Roles

CEO

Company Secretary

Legal Counsel

Corporate Lawyer

Compliance Officer

Director of Operations

Managing Director

Board Member

Chief Financial Officer

Business Development Manager

Risk Management Officer

Corporate Governance Manager

Founding Partner

Legal Administrative Assistant

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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