Match List – I with List – II.

Choose the correct answer from the options given below :

A-II, B-III, C-IV, D-I

The correct answer is option 3- A-II, B-III, C-IV, D-I.

Objects clause- This is probably the most important clause of the memorandum. It defines the purpose for which the company is formed. A company is not legally entitled to undertake an activity, which is beyond the objects stated in this clause. The main objects for which the company is formed are listed in this sub-clause. It must be observed that an act which is either essential or incidental for the attainment of the main objects of the company is deemed to be valid, although it may not have been stated explicitly.

Capital clause- This clause specifies the maximum capital which the company will be authorised to raise through the issue of shares. The authorised share capital of the proposed company along with its division into the number of shares having a fixed face value is specified in this clause.

Name clause- This clause contains the name of the company with which the company will be known, which has already been approved by the Registrar of Companies.

Registered office clause- This clause contains the name of the state, in which the registered office of the company is proposed to be situated. The exact address of the registered office is not required at this stage but the same must be notified to the Registrar within thirty days of the incorporation of the company.