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A. Memorandum of Association
B. Articles of Association
C. Prospectus
D. Annual Report
All are important, it depends upon the needs of the user.
Memorandum is describing Company's objectives.
Articles of Association gives insight about the Company's rules & regulations.
Prospectus attracts the investors. &
Annual report shows the performance to the stakeholders.
Each of the document mentioned above has its own importance on different situations at different times. It all depends upon the usage and understanding its weightage and importance:
1) Memorandum and Articles of association deals with objectives, rules and regulations and insight of the company.
2) Prospectus is a document which attracts Investors. Hence it is used commonly at the time of public issues.
3) Annual reports deals with the financial state of affairs of the organisation for a given period, which is very much useful for external customers like Banks, financial institutions, state and central govt. and especially stock and shareholders to take certain decisions.
Hence the documents mentioned above has its own importance depending upon the situation and time.
A. Memorandum of Association because it contain the object for which company established, Registered office of Company etc.
Correct Answer is A ) Memorandum of Association
D......................... Annual Report
Memorandum of association is the most important document of a company
D. Annual report is the most important Document of a company
B. Articles of Association
MEMORANDUM OF ASSOCIATION IS THE MOST IMPORTANT DOCUMENTS OF THE COMPANY
Memorandum of Association............
