TMI BlogMemorandumX X X X Extracts X X X X X X X X Extracts X X X X ..... ereof; ( d ) the liability of members of the company, whether limited or unlimited, and also state,- ( i ) in the case of a company limited by shares, that liability of its members is limited to the amount unpaid, if any, on the shares held by them; and ( ii ) in the case of a company limited by guarantee, the amount up to which each member undertakes to contribute- ( A ) to the assets of the company in the event of its being wound-up while he is a member or within one year after he ceases to be a member, for payment of the debts and liabilities of the company or of such debts and liabilities as may have been contracted before he ceases to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... expression which is likely to give the impression that the company is in any way connected with, or having the patronage of, the Central Government, any State Government, or any local authority, corporation or body constituted by the Central Government or any State Government under any law for the time being in force; or ( b ) such word or expression, as may be prescribed, unless the previous approval of the Central Government has been obtained for the use of any such word or expression. (4) A person may make an application, in such form and manner and accompanied by such fee, as may be prescribed, to the Registrar for the reservation of a name set out in the application as- ( a ) the name of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... up of the company. (6) The memorandum of a company shall be in respective forms specified in Tables A, B, C, D and E in Schedule I as may be applicable to such company. (7) Any provision in the memorandum or articles, in the case of a company limited by guarantee and not having a share capital, purporting to give any person a right to participate in the divisible profits of the company otherwise than as a member, shall be void. ******************** Notes:- 1. Substituted vide The Companies (Amendment) Act, 2017 Dated 03-01-2018 w.e.f. 26 th January, 2018, before it was read as, ( i ) Upon receipt of an application under sub-section (4), the Registrar may, on the basis of information and d ..... X X X X Extracts X X X X X X X X Extracts X X X X
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