Memorandum of Association — SPCC STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceSPCCMemorandum of Association3 Marks
Question
State the limitations of Object Clause.
✓
Answer
The limitations in the goal clause are as follows:
1. There can be no goal against the provisions of the Companies Act.
2. The company's motto may not be contrary to publicity or the Constitution of India.
3. The goal cannot be against common law.
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