What is the significance of the object clause in the context of stakeholder capitalism?

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 ... The courts have taken the position that the objects clause is for the protection of creditors (as well as shareholders) so that on liquidation, a liquidator may ... 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 ... However, amendments to company law in 2004 removed the requirement for an objects clause, giving companies full capacity to conduct any business unless their ... The object clause of the memorandum of association shows that Company was incorporated mainly to carry on the business of hotel. Under the Companies Act, 2013 section 4(1)(c) states the object clause of the memorandum does not contain categories of main objects and other objects, it only ... 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 ... Aug 22, 2019 ... 1: Alteration of the object clause of the Memorandum of ... As per the. Companies Act, 2013, a Company can have only following objects clause in ... Dec 28, 2024 ... ... clause, object clause, liability clause, capital clause, and association clause. It defines the legal scope of the company's activities ... 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 ...