Founding document for a company limited by guarantee. Answer a few plain-English questions and Scorpia drafts the complete document for your situation, checks it with a second review pass, and shows you a free preview before you pay anything.
Draft my memorandum guarantee company — free preview →MEMORANDUM OF ASSOCIATION
Private Company Limited by Guarantee — Companies Act 2006
COMPANIES ACT 2006 — MEMORANDUM OF ASSOCIATION
Each subscriber to this memorandum of association wishes to form a company under the Companies Act 2006 and agrees to become a member of the company.
SUBSCRIBERS
1. __________ of __________.
2. __________ of __________.
Add further subscribers as required.
GUARANTEE
Each member of the company undertakes that, if the company is wound up while they are a member, or within one year after they cease to be a member, they will contribute to the assets of the company such amount as may be required for:
(a) payment of the debts and liabilities of the company contracted before they ceased to be a member;
(b) payment of the costs, charges and expenses of winding up; and
(c) adjustment of the rights of the contributories among themselves,
not exceeding £__________ per member.
EXECUTION
Dated: __________
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