What are the advantages and disadvantages of having a broad object clause?

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. Dec 1, 2020 ... It's generally recommended to remove a specific objects clause so as not to limit the activities of the company. ... company law. Caroline ... 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. 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 ... An objects clause is a paragraph in a company's Memorandum of Association that specifies the goal and scope of its activities. The object clause's ... The discussion within this article is limited to the ultra vires doctrine as it relates to the objects clause and not to the general breach of directors duties ... Feb 13, 2020 ... The object clause in a MOA should contain: ... Our team comprises of lawyers and legal consultants who are all experienced in corporate law ... The objects for which the Company is established are: (1) To carry on, in Singapore and elsewhere, as its primary business, ... If you want to preserve an objects clause, defining what the company can do, for example, because your ... company law by the Companies Act 2014. Specific ... 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 ...