Discuss the potential for the object clause to be used as a basis for challenging the validity of corporate actions.

Aug 16, 2010 ... 5.90 An objects clause is a provision—often located at the beginning of a piece of legislation—that outlines the underlying purposes of the ... Sep 6, 2018 ... The objects clause represented the activities which a company could do (i.e. the capacity of the company). If the company entered into a ... Apr 14, 2020 ... Steps for Alteration in object Clause of Memorandum of Association · Certified True Copies of the Special Resolutions along with explanatory ... According to the Companies Act, the Memorandum of Association of a company must contain the following clauses: (i) Name Clause of Memorandum of Association. The ... Also, the acquiring company should have the permission in its object clause to carry on the business of the acquired company. In the absence of these ... Apr 21, 2025 ... Object Clause: This clause states the objective with which the company is formed. The company must carry out its business activities to ... It states the purpose(s) for which a company is formed and the intended business activities of the company. Since 1997, the objects clause has been optional. Section 31: Statement of company's objects ... 98.This section provides for a new approach to the question of a company's objects. Under the 1985 Act all ... Aug 3, 2022 ... What is the Object Clause · The company's main objectives are to be pursued by the company upon its incorporation; · Auxiliary or ancillary ... Keywords: Incorporation of company, Business Law, companies ... Regarding any alteration of object clause of the memorandum of company the registrar.