All you need to know about the Subscription Clause under MOA Table of Content Introduction What is the Subscription clause? Who is a subscriber? What is a Subscriber Sheet? NRI and international customers Modifying the subscription clause Conclusion Introduction A subscription clause is one of the necessary clauses of a memorandum of association. Every company is an artificial person governed by the terms of its articles of association and memorandum of association. Companies benefit from continuous succession as a result. This means that the company will continue to exist even if its owners, members, etc. change. In this article we will discuss all about the Subscription Clause under MOA. What is the Subscription clause? The sixth and last primary clause of the memorandum of association is the subscription clause. The information about the company’s initial subscribers is provided in this clause. Their names, signatures, residences, and other facts are included. The “subscription
(ADVOCATES AND LEGAL CONSULTANT)