Multiple choice

Which of the following is not a clause of Memorandum of Association?

  1. Name Clause

  2. Dividend Clause

  3. Registered Office Clause

  4. Objects Clause

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Dividend clause is not a clause of Memorandum of Association. The provision relating to payment of dividends to shareholders is mentioned in the Articles of Association.  

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