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Form CR2 - Model Memorandum of Association for a Company With Share Capital

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DOCX
Pages
1
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Document Overview

Form CR2 is the statutory model Memorandum of Association under section 14 of the Companies Act, 2015 (Kenya). It is used when incorporating a company with share capital.

The document:
1. Records the intention of subscribers (founders) to form a company.
2. Captures the details of each subscriber (name, address, occupation).
3. States the number, value, and class of shares each subscriber agrees to take.
4. Is signed by each subscriber as proof of consent to become a shareholder.

Purpose:
1. Formalize the company’s creation
2. Provide a record of shareholding at incorporation
3. Comply with the Companies Act, 2015
4. Evidence of consent
- By signing, subscribers agree to become members and bind themselves to the company’s obligations.
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