Glossary of M1 NXT

Memorandum of Association (MOA)

The Memorandum of Association(MOA) is your company’s charter, a legally binding document required for incorporation under company law. It is a mandatory document required for company incorporation under corporate law..

Limited Liability Partnership

A Limited Liability Partnership (LLP) is a business structure that combines the operational flexibility of a partnership with the legal and financial protections associated with incorporated entities. Under the Limited

Board Resolution

A Board Resolution is a formal, legally recognised decision passed by the Board of Directors of a company under the Companies Act, 2013. In essence, it serves as the official

Export Receivable Factoring

In the contemporary landscape of global commerce, exporters face a perennial tension: they must offer competitive payment terms to foreign buyers while managing the inherent risk and liquidity strain of

DOA/NOA

DOA (Deed of Assignment) vs NOA (Notice of Assignment): Re-Engineering Receivables for Modern Trade Finance. In global commerce, liquidity does not move at the same speed as trade. Goods cross

Export receivable with LC or without LC

Export receivables represent the payment obligation due from an overseas buyer for goods shipped or services rendered under an international trade contract. Depending on the commercial arrangement, these receivables may