Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Understanding Section 13 of the Companies Act, 1956: Key Memorandum Requirements for Company Formation and Structure</h1> The Companies Act, 1956, Section 13 outlines the requirements for a company's memorandum. It mandates that the memorandum state the company's name, indicating 'Limited' or 'Private Limited' based on its type, and the location of its registered office. For companies existing before the 1965 amendment, it must include the company's objects, while newer companies must specify their main and ancillary objects. Companies operating in multiple states must list those states. Additionally, it should declare member liability limitations and, for companies limited by guarantee, member contributions upon winding up. Companies with share capital must disclose share capital details, and subscribers must indicate their shareholding.