Relationship between the Memorandum and Articles
The following are some of the relation between Memorandum of Association and Articles of Association.
1. Both these documents are subordinate to the Companies Act.
2. Both these documents are public documents. Members of the company and outsiders can inspect them and can purchase a copy of them by paying the prescribed fee in the office of the Registrar.
3. The Articles cannot modify the terms of the Memorandum.
4. The Memorandum must always be read together with the Articles while clarifying certain things.
The following table gives the points of difference between the Memorandum and Articles.
Distinction between the Memorandum and the Articles