Question

The Memorandum of Association of a listed company shall be as per:

• A. Table A
• B. Table B
• C. Table C
• D. Table D

Hint:

Remember: Table A of Schedule I under the Companies Act provides the model Memorandum of Association for companies limited by shares.

Answer 1

The Correct Option is A

Step 1: Understanding the Memorandum of Association (MOA):
The Memorandum of Association (MOA) is a fundamental document that outlines a company’s constitution, its scope of activities, objectives, and relationship with shareholders and the public. It defines the boundary within which the company can operate.
Step 2: Legal Reference to Tables:
The Companies Act, 2013, provides model forms of Memorandum and Articles of Association under different Tables in Schedule I. These tables are based on the type of company being registered.
Step 3: Explanation of Options:
- (A) Table A: Correct. It applies to companies limited by shares, which include most listed companies.
- (B) Table B: This applies to companies limited by guarantee and not having a share capital.
- (C) Table C: Applies to companies limited by guarantee and having a share capital.
- (D) Table D: Applies to unlimited companies.
Step 4: Final Conclusion:
The correct answer is (A) Table A, as listed companies are limited by shares and follow the format provided under this table for their Memorandum of Association.