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Q.What is the difference between a Memorandum of Association (MoA) and Articles of Association (AoA)? Write in detail.

Rajasthan RbseRajasthan Board Senior Secondary Part-I Commerce Examination 2025Subjective· 3mImportance★★★★★est
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The Memorandum of Association defines the company's scope/relations with outsiders; the Articles of Association govern its internal management.

BasisMemorandum of Association (MoA)Articles of Association (AoA)
PurposeThe company's charter — defines its name, objects, and scope of activityThe internal rulebook — governs day-to-day management and administration
Relationship governedCompany's relationship with the OUTSIDE worldRelationship between the company and its members, and among members
SubordinationThe supreme/primary documentSubordinate to, and must not conflict with, the Memorandum
Mandatory?Compulsory for every companyA public company may adopt Table F (a model set) instead of drafting its own
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