06 February 2021
MOA shall be as brief as possible, for that one need to understand the future aspects of the business, you could mail to caankithjain@gmail.com for any queries.
09 July 2024
Certainly! Here's a draft for the Memorandum of Association (MOA) objects clause for a bakery business:
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### Memorandum of Association (MOA) Objects Clause
**THE COMPANIES ACT, 2013**
**COMPANY LIMITED BY SHARES**
**MEMORANDUM OF ASSOCIATION**
**OF**
**[Your Company Name] PRIVATE LIMITED**
1. **Name Clause:**
The name of the company is **[Your Company Name] PRIVATE LIMITED**.
2. **Registered Office Clause:**
The Registered Office of the company will be situated in the State of **[State Name]**.
3. **Objects Clause:**
**A. The main objects to be pursued by the company on its incorporation are:**
1. To carry on the business of manufacturing, baking, preparing, processing, and selling bakery products including but not limited to bread, cakes, pastries, biscuits, cookies, and other baked goods.
2. To engage in the retail and wholesale distribution of bakery products through owned outlets, franchises, distributors, supermarkets, online platforms, and other channels.
3. To establish, operate, and manage bakery cafes, patisseries, and confectionery shops for the sale of bakery products and related food and beverage items.
4. To undertake the import and export of bakery ingredients, equipment, and finished products, and to enter into agreements, contracts, and arrangements for such purposes.
5. To provide catering services for events, parties, functions, and gatherings, including the preparation and supply of bakery products and associated food items.
To innovate, develop, and market new bakery products, recipes, and flavors, and to conduct research and development activities in the field of bakery technology.
To acquire, lease, rent, or otherwise use premises, machinery, equipment, vehicles, and facilities necessary or convenient for the conduct of the bakery business.
To promote and advertise the bakery products through various media channels, exhibitions, events, and promotional activities.
To undertake any other business or activities related or incidental to the foregoing objects which are conducive to the interests of the company.
**B. Matters which are necessary for furtherance of the objects specified in clause 3(A) are:**
1. To invest funds of the company in such manner as may be deemed appropriate for the business needs, subject to applicable laws and regulations.
2. To establish branches, offices, and facilities, and engage in partnerships, joint ventures, collaborations, or alliances with other entities for expanding the business operations.
3. To employ, appoint, and remunerate managers, professionals, agents, employees, consultants, and advisors necessary for the conduct of the bakery business activities.
4. To comply with all statutory and regulatory requirements applicable to the manufacture, sale, and distribution of bakery products, including food safety standards and hygiene regulations.
4. **Liability Clause:**
The liability of the members is limited and this liability is limited to the amount unpaid, if any, on the shares held by them.
5. **Capital Clause:**
The Authorized Share Capital of the company is Rs. **[Amount]** (Rupees **[Amount in Words]**) divided into **[Number of Shares]** equity shares of Rs. **[Amount per Share]** (Rupees **[Amount per Share in Words]**) each.
**Subscription Clause:**
We, the several persons whose names and addresses are subscribed below, are desirous of being formed into a company in pursuance of this Memorandum of Association, and we respectively agree to take the number of shares in the capital of the company set opposite our respective names.
| Sr. No. | Name of Subscriber | Address | Number of Shares taken by each Subscriber | Signature | |---------|--------------------|---------|-------------------------------------------|-----------| | 1 | [Name 1] | [Address 1] | [Number of Shares] | [Signature] | | 2 | [Name 2] | [Address 2] | [Number of Shares] | [Signature] |
**Dated this [Day] day of [Month], [Year]**
Witness to above signatures:
**[Name]**
**[Address]**
**[Signature]**
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This draft provides a structure for the MOA of a company engaged in the bakery business. Modify the details to suit your specific requirements and consult with a legal advisor to ensure compliance with all applicable laws and regulations.
CAclubindia
