Wednesday, August 19, 2009

Form of memorandum

FORM OF MEMORANDUM:

the memorandum of association of a company shall be in such one of the forms in tables B,C,D and E in schedule 1 to the companies act,1956,as may be applicable to the case of the company.


CONTENTS OF MEMORADUM:


The memorandum is every company shall contain the following clauses:


1.the name of the company,with the limited as the last word of the company name in the public limited company and with private limited company.


2.the state, in which the registered office of a company is to be situate.


3.the objects of the company which classified shall be as-


a)the main objectives:of the company to be persured by the company on its incorporation and objects incidental or ancillary to the atainment of the main objectives.


b)other objectives:of the company not included in the above clause.


4.limited liability, the memorandum of a company limited by shares or by guaratee shall alsoatate the liability of its members is limited.


5.share capital,inthe case of a company having a share capital, the amount of share capital with which the company is to be registered and the division of the into shares of afixed amount.

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