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Standard XII
Accountancy
What Is a Share?
The second cl...
Question
The second clause of the memorandum is _________.
A
Capital Clause
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B
Objects Clause
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C
Registered Office Clause
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D
Name Clause
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Solution
The correct option is
B
Registered Office Clause
As per the Companies Act 2013 the memorandum has 6 important clauses namely :
1. Name Clause
2. Domicile Clause (Registered office clause)
3.Object Clause
4.Liability Clause
5.Capital Clause
6.Subscription Clause
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Standard XII Accountancy
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