Articles of Association — SPCC STD 11 Commerce — Question

Memorandum and Articles both are important documents of the company. Memorandum is constitution of the company. It determines the objectives and scope of operations of the company while in the articles the rules of internal management of the company are dictated. Thus, memorandum clarifies the objectives while articles lay down the rules-regulations and procedures to be followed to achieve these objectives. Hence, Memorandum and Articles are considered complementary documents.