Are the Memorandum of Association (MoA) and Articles of Association (AoA) considered contracts?

Question

Accepted Answer

MoA and AoA are constitutional documents that define the company's objectives, rules, and regulations.

MoA stands for Memorandum of Association and AoA stands for Articles of Association.
MoA defines the company's objectives, while AoA defines the company's rules and regulations.
Both documents are required for the incorporation of a company and must be filed with the Registrar of Companies.
Any changes to these documents require the approval of the shareholders and the Registrar of Companies.
MoA and AoA are considered the company's constitution and must be followed by the company and its members.

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