Consider the potential for the object clause to be used as a tool for promoting sustainable business practices.

The objects clause may be amended by special resolution. Holders of not less than 15 per cent of the DAC's issued share capital or debentures entitling holders ... May 10, 2017 ... ... Companies Act 1985 (the 1985 Act) are still experiencing issues with objects clauses in their memorandums of association. This can lead to ... Oct 30, 2023 ... The following Corporate precedent provides comprehensive and up to date legal information on Resolution—removal of objects clause and ... A clause contained in the articles of association of a company setting out the objects for which the company has been formed. The Companies Act 2006 removes ... Dec 14, 2021 ... ... legal document formulated as part of the incorporation process of companies. An objects clause is a provision in a company's Memorandum of ... concentrates on the lack of statutory obligation in the Companies Act 1994 for companies to have an objects clause. Underscoring the views expressed, the. A legal concept of purpose survives in current company law. ... corporate charters or the objects clauses that followed the general incorporation statutes. Dec 28, 2024 ... ... clause, object clause, liability clause, capital clause, and association clause. It defines the legal scope of the company's activities ... company), what its capital is and whether the liability of its members is unlimited or limited by shares or guarantee. An 'objects' clause is not required. The Court in cotman v. Brougham34 held this device to be effective. (iii) The subjective objects clause – A further device to evade the ultra vires rule was the ...