L_M24 All Sub Flashcards
1
Q
[Sec. 3]
A
FORMATION OF COMPANY
2
Q
[Sec. 3A]
A
Members Severally Liable In Certain Cases
i.e. Reduction In Minimum Membership
3
Q
[Sec. 4]
A
MEMORANDUM OF ASSOCIATION – MOA
4
Q
[Sec. 4(1)]
A
Clauses of MOA
5
Q
[Sec. 4 (1) (A) Read with Sec. 4 (2) To Sec. 4 (5)]
A
Name Clause
6
Q
[Sec. 4 (1)(b)]
A
SITUATION CLAUSE -
7
Q
[Sec. 4(1)(c)]
A
OBJECT CLAUSE & DOCTRINE OF ULTRA VIRES
8
Q
[Sec. 4(1)(d)]
A
LIABILITY CLAUSE
9
Q
[Sec. 4 (1) (e) (i)]
A
CAPITAL CLAUSE
10
Q
[Sec. 4 (1) (e) (ii)]
A
SUBSCRIPTION CLAUSE
11
Q
[Sec. 4 (1) (f)]
A
NOMINATION CLAUSE (ONLY IN CASE OF ONE PERSON COMPANY)
12
Q
[Sec. 4(2) and Sec. 4(3)]
A
Restriction regarding names and use of words & expressions therein
13
Q
[Sec. 4 (4)]
A
Application for reserving name for company
14
Q
[Sec. 4 (5)]
A
Reservation of name
15
Q
[Sec. 4(6)]
A
FORMS AND SCHEDULE RELATED TO MEMORANDM
