Glossary
Opinions
Articles
Beginners Course
Lecture Modules - PDS
Exams
New Highs
Winning Shares
Lecture Modules - Resellers
About - Background Approach
Privacy Policy
Daily Quiz
Software Download Steps
Logout
Dashboard
Log out
Introduced in May 2011, the Memorandum is a single document that, in terms of the new Companies Act, replaces the old memorandum and articles of association. The MOI includes details of the relationship between the company and its shareholders internally and with the rest of the world externally. It acts as a shareholders agreement and can define the powers, responsibilities and limitations of the directors. It should also give the objective of the business.