Consider the role of auditors in reviewing a company's compliance with its object clause.

Oct 11, 2017 ... This clause sets out the purpose of the company and listed the activities that the company was able to undertake. Feb 18, 2019 ... Alteration of object clause of MOA under Companies Act 2013 ... The object clause of the Company is the third clause of memorandum of association ... In company law, the doctrine of ultra vires relates to the ... company's agents would have actual authority to act in breach of the objects clause. It does not have an objects clause because it has full unlimited capacity to carry on any legal business, subject to any restrictions in other legislation. It would be open to the company to alter the objects clause of its ... Gandhi referred to Polymer's Company Law, 20th edition, page 81, wherein it is ... May 15, 2019 ... ... company under section 33 of the Companies Act (“CA”): ... 1 in company X's constitution sets out X's objects by making reference to clause 2. The 1856 Act specified that a company should include an objects clause within its memorandum, a clause which would define the contractual capacity of the ... 3.2 What are the key features of a Company Limited by Shares (LTD)?. The key features of an LTD are as follows: (a) An LTD does not have an objects clause, ... A clause which forms part of a company's memorandum of association. It sets out the purposes the company was formed for. Dec 28, 2024 ... ... clause, object clause, liability clause, capital clause, and association clause. It defines the legal scope of the company's activities ...