Statutory form, Business Law and Ethics

Statutory Form:

                   Section 14 of the Act provides that the form of the  Memorandum of Association of a company limited by shares shall be in accordance with the form set out in Table B, or as near there to as circumstances admit. Table B is  reproduced on the next page.

The Name Clause

 The promoters of a proposed company have freedom to choose its name but the freedom is limited by s.19(2) of the Act which provides that a proposed name must not so in the opinion of the registrar, be undesirable. The registrar of companies has not issued a circular explaining the criteria he is likely to use when deciding, in a particular case, whether a proposed name is undesirable under the section.

Posted Date: 1/12/2013 2:19:26 AM | Location : United States







Related Discussions:- Statutory form, Assignment Help, Ask Question on Statutory form, Get Answer, Expert's Help, Statutory form Discussions

Write discussion on Statutory form
Your posts are moderated
Related Questions
Societies:                 Societies are associations registered under the Societies Act 1968. Section 2(1) of the Act defines a society very broadly as including any club, co

Reconstruction Under S.280: The essential features of this type of reconstruction have been described at 8.2.1(b).  It is subject to several disadvantages and is little used.

ASSETS IN THE POSSESSION OF CREDITORS:  If the creditor has seized assets in the course of executing a judgement for debt against the company and at the commencement of the wi

Corgi was the breeder of prize-winning pedigree dogs that often sold for very high prices. Reynolds, a wealthy businessman who had recently retired, decided to purchase one of thes

Bills: Further an Act of Parliament begins as a Bill that is the draft of law that Parliament intends to make.  In section 46(1) of the constitution states like "the legislati

Determine the areas of open method of coordination The EU has indicated its intention to employ the OMC, but so far there is little evidence of progress. These areas include E

Purchase of Shares - Voidable Contracts However an infant who applies to is allotted, a company's shares becomes a member to the company under S.28 (2) for the Companies Act f

Domestic or Family Agreements - Elements of Contract However there is a rebuttable presumption such the parties did not intend for create legal relations as: 1. Agreements

Completion of the Agreement However the hirer may give written notice about intention to complete the purchase through paying the owner on a specified day like the balance due

LAW OF TREATIES Treaties are an important and major source of international law. It is a convenient way by which the States deliberately  enter into agreements with other State