Under Section 4 Companies Act 2013, the Memorandum of Association of a…

Question

Under Section 4 Companies Act 2013, the Memorandum of Association of a company must contain which clauses?

Accepted Answer

D. Name clause, Registered Office, Objects, Liability, Capital, and Subscription (Section 4(1))

1. Section 4(1) Companies Act 2013 requires the MoA to contain six clauses: (a) NAME — with 'Limited' or 'Private Limited' suffix; (b) STATE in which the registered office is to be situated; (c) OBJECTS for which the company is proposed to be incorporated and any matter considered necessary; (d) LIABILITY of members (limited by shares / limited by guarantee / unlimited); (e) CAPITAL (in case of company having share capital, amount of share capital + division into shares of fixed amount); (f) SUBSCRIPTION clause with names, addresses, signatures of subscribers + number of shares.
2. The six-clause MoA must be in Tables A-E of Schedule I.
3. Subsection (4) provides that the name shall not be undesirable.
4. Hence option A is correct.
_Source: Companies Act 2013 (Act 18 of 2013), Govt. of India MCA — Companies Act 2013, Section 4(1)_

Answer

Only Name, Address and Objects — no other clauses are mandatory under the 2013 Act

Answer

Name, Address, Members' List, Directors' List, Salaries, Dividends

Answer

Name, Address, Directors' List, Bankers, Auditors, Tax Identification