Memorandum And Articles Of Association Of A Company Limited By Guarantee And Not Having A Share Capital Legal Draft Template
| Category | Companylaw Moa |
| Format | Word Document |
| File name | MEMORANDUM AND ARTICLES OF ASSOCIATION OF A COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL.doc |
Effortlessly craft professional legal documents with 500+ industry-standard templates and refine them using DraftPilot - your AI drafting copilot. Seamlessly upload, review, and compare multiple existing drafts side-by-side.
DraftPilot - GPT-powered editing under LegalDraft Studio · also part of your AI Studio plan Browse & download templates free - DraftPilot requires login + AI Studio
Industry-standard template for reference. Adapt it with DraftPilot (AI copilot), compare clause-by-clause in our comparison workspace, or download and edit offline. Consult a qualified advocate before filing or execution.
Draft Preview
Precedent No. 2
MEMORANDUM AND ARTICLES OF ASSOCIATION OF A COMPANY LIMITED BY GUARANTEE
AND NOT HAVING A SHARE CAPITAL
Memorandum of Association 1st.—The name of the company is "The Mutual
Calcutta Marine Association, Limited".
2nd.—The registered office of the company will be situated in the
State of West Bengal.
3rd.—(a) The main objects to be pursued by the company on its
incorporation are "the mutual insurance of ships belonging to members of
the company".
(b) The objects incidental or ancillary to the attainment of the above
main objects are "providing for the welfare of employees or ex-employees
of the company and the making, drawing, accepting, endorsing, executing
and issuing of any negotiable or transferable documents and the doing of
such other things as are conducive to the attainment of the foregoing
main objects".
(c) The other objects for which the company is established are
"building, equipping and maintaining charitable hospitals, running of
schools and undertaking any other social service".
4th.—The liability of the members is limited.
5th.—Every member of the company undertakes to contribute to the
assets of the company in the event of its being wound up while he is a
member, or within one year after he ceases to be a member, for payment
of the debts and liabilities of the company contracted before he ceases
to be a member, and the costs, charges and expenses of winding up and
for the adjustment of the rights of the contributories among themselves
such amount as may be required, not exceeding one hundred rupees.
We, the several persons whose names and addresses are subscribed, are
desirous of being formed into a company, in pursuance of this memorandum
of association.
Names, addresses, descriptions and occupations of subscribers
1AS. of , Merchant2CD. of , Merchant3EF.of , Merchant4.G.H. of ,
Merchant5U.of , Merchant6K.L. of , Merchant7.M.N. of , MerchantDated
the. day of. 20. Witness to the above signatures
X.Y. of