memorandum of association

1. ii. Registered Office Clause :
 Definition :
 Purpose :
To Fixes the Nationality
It will be registered there
Only Province
No Limitation on Business:
Notice of Registered Office:
With in 28 day
Address in Detail
iii . Object Clause:
Philosophy :
To Check the Nature of Object
To Demarcate the Activities of Company
To Give Notice to the Shareholder the Risk of their Contribution
Main Object:
Subsidiary Object:
Determination of Object:
First three
Effect of Failure of Object:
May be liquidated
Iv . Liability Clause:
Purpose:
To show the Liability of the
Member
 Ltd by Share
Unpaid Share
 Ltd by Guarantee
For the Guaranteed Amount only
Subject: Company Law
Standard: LL.B second year
Topic: Memorandum of Association
MUNIR HUSSAIN KTK
Lecturer
UNIVERSITY LAW COLLEGE
QUETTA
www.facebook.com/pages/Corridor-to-Commercial-Law
Objective
To Learn
1. About the constitution of
company
2. Form 29
Restriction /Prohibition:
i. Name of an Existing Company.
ii. Identical with other Registered Company.
Intonation is to be considered
i Spelling ii Sound
iii. Inappropriate
iv. Expressing Patronage
Pakistani Head
Foreign Head
Connection with
Federal Government
Provincial Government
International Organization
 Exceptions
With Approval of Commission
Nature of Company:
In case of Public Company by Share
“…………… Ltd “
In case of Private Company
(Private) Ltd
In case of Guarantee Limited Company
(Guarantee) Ltd
In case of Unlimited Company
Only Name
Promoters are free to choose
any Name for promoting
company but there are certain
restrictions.

2. Unlimited Company
No Liability Clause
The Liability of its Member is Unlimited
v. Capital Clause
Nominal Capital or
Registered Capital or
Authorized Capital
Division of Capital:
Share
Debenture
Typology of Share and Debenture
VI Association Clause:
Declaration of Association:
Names
Addresses
Occupation
The Number of Share
At Least one Share by each Subscriber
Qualification Share
At least in Presence of one witness