Under Section 4 Companies Act 2013, the Memorandum of Association of a company must contain which clauses?
Answer & Solution
Correct answer: D.
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)_
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