(a) Name clause
(b) Registered clause
(c) Liability clause
(d) Capital clause
Detailed Answer :
Clauses of Memorandum of Association :
(a) Name Clause : This clause contains the name of the company with which the company will be Registered with Registrar of Companies.
(b) Registered office clause : This clause contains the name of the state in which the registered office of the company is proposed to be situated. The exact address of the registered office must be notified to the Registrar within 30 days of the incorporation of the company.
(c) Liability clause : This clause defines the liability of the members of the company. In case of companies limited by shares, the liability of the members is limited to the extent of unpaid amount of their share capital.
(d) Capital clause : This clause specifies the amount of share capital with which company is to be registered, i.e., authorised share capital of the proposed company along with its division into the number of shares having a fixed face value.
