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From Wikipedia, the free encyclopedia. An objects' clause is a provision in a company's constitution stating the purpose and range of activities for which the company is carried on.
What is a cc04 form?
Form CC04 — Statement of company's objects. Related Content.
What is Article of Association and its contents?
Articles of Association is an important document of a Joint Stock Company. It contains the rules and regulations or bye-laws of the company. It deals with the rights of the members of the company between themselves. The contents of articles of association should not contradict with the Companies Act and the MOA.
What are the content in article of association and memorandum?
The memorandum of association is the document that sets up the company and the articles of association set out how the company is run, governed and owned. The articles of association include the responsibilities and powers of the directors and the means by which the members exert control over the board of directors.
What is AOA company law?
Definition: The Articles of Association or AOA are the legal document that along with the memorandum of association serves as the constitution of the company. The articles of association are the contracts between the shareholders and the organization and among the shareholder themselves.
What are the features of articles of association?
Meaning of Articles of Association These include shares, (issue and rights attached to them) the conduct of the company meetings and the role and powers of the directors. The Articles detail rules which govern the conduct of directors, the rights of the shareholders and the relationship between the two.
What is MOA and AOA in company?
Memorandum of Association (MOA) is a document that contains all the fundamental data which are required for the company incorporation. Articles of Association (AOA) is a document containing all the rules and regulations that govern the company. Registration. MOA must be registered at the time of incorporation.
What are objects in articles of association?
Historically, companies were required to include an Objects' clause in their Memorandums of Association. This clause sets out the purpose of the company and listed the activities that the company was able to undertake.
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