SlideShare a Scribd company logo
Definition:
 An Official Document which Explain the Relation of the Company
with the Outside world and Define the Scope of its Activities
 Purpose :
To Define the Scope of Company
To Demarcate the Activities of the Company
Status:
Subordinate to Ordinance
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
 Requirements:
 Must be Printed
 Must be Divided into
Paragraphs
 Must be Signed by
the Subscribers
In case of public
Company 03
In case of private
Company 01
 There must be at
least one witness
 Must be dated
1. An Official Document setting out the Detail.
2. Charter of the Company.
3. Supreme Law of the Company.
4. Constitution of the Company.
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
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
Promoters are free to choose
any Name for promoting
company but there are certain
restrictions.

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9th lecture

  • 1. Definition:  An Official Document which Explain the Relation of the Company with the Outside world and Define the Scope of its Activities  Purpose : To Define the Scope of Company To Demarcate the Activities of the Company Status: Subordinate to Ordinance 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  Requirements:  Must be Printed  Must be Divided into Paragraphs  Must be Signed by the Subscribers In case of public Company 03 In case of private Company 01  There must be at least one witness  Must be dated 1. An Official Document setting out the Detail. 2. Charter of the Company. 3. Supreme Law of the Company. 4. Constitution of the Company. 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 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 Promoters are free to choose any Name for promoting company but there are certain restrictions.