What specific considerations apply to the object clause of a non-profit company?

THE OBJECTS CLAUSE AND THE DOCTRINE OF ULTRA VIRES. Prior to the amendments made to the Companies Act in 2004, the contractual capacity of a company was defined ... Oct 30, 2023 ... The following Corporate precedent provides comprehensive and up to date legal information on Resolution—removal of objects clause and ... 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. Oct 11, 2017 ... This clause sets out the purpose of the company and listed the activities that the company was able to undertake. Keywords: Incorporation of company, Business Law, companies ... Regarding any alteration of object clause of the memorandum of company the registrar. Apr 30, 2017 ... In the context of company law, “ultra vires ... companies under CA 2016 which have included objects clauses in their constitutions. Prior to the Companies Act 1985 if the company entered into a contract outside of its object clause it would be void and unenforceable. The provisions of the ... At common law a company is limited to acting within the objects set out in its memorandum of association. 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 ... 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 ...