The details of a proposed private company having limited liability is given below. You are required to identify as to which clauses in the Memorandum of Association have to be rightly inserted.
Proposed names:
Mahatma Gandhi Khadi – Company
Premier Mills (P) Ltd.
Kerala Government Khadi Company
Sobha Co-operative Company
Maximum capital which can be collected is
20 lakhs rupees
Nature of shares
Equity shares at Rs. 10/- share
Address:
Pushpa Nivas Kodunganoor (P.O)
Thiruvananthapuram 13
Kerala State
India.
Nature of business:
To produce Khadi clothes through machine
To stitch Khadi ready wears Name of the
persons who are wishing to form the
company
P. Sudarsanan
K. Muraleedharan Nair
S. Renjith
