Wednesday, December 4, 2013

Memorandum of Association

The name clause...

Asiatic Govt. Security Life Insurance Co. Ltd. V. New Asiatic Insurance Co. Ltd., (1939)


In this case although the names of the 2 companies, Asiatic Government Security Life Insurance Company Limited and New Asiatic Insurance Company Limited resembled to a large extent, it was held by the Court that the two names were not identical, and, therefore, the defendants were not restrained from using their name.

The object clause

Egyptian Salt & Soda Co. Ltd. V. Port Said Salt Assn. Ltd., (1931)


The purpose of the object clause is –

- To enable creditors and persons dealing with the company to know what its permitted range of enterprise or activities is.

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