What is Bell House clause?
A ‘Bell Houses clause’-so called after a case of that name- gives the company the capacity to pursue any business which the directors believe would be advantageous to the company. [ 45] Subsequently, the capacity of a company to pursue a specific business will be determined by the directors’ subjective discretion.
Why does a company have an objects clause?
Companies can include object clauses within its constitution which outlines and restricts the activities in which the company may engage in under s 125(2) of the Act. Object clauses aren’t mandatory but may provide an indication regarding the nature of the business.
What do you mean by capital clause?
Capital clause. The clause in the memorandum of association of a company dealing with its capital. It states the amount of the company’s nominal capital. and the number and amount of the shares it is permitted to have.
What is a capital clause?
What is registered office clause?
Registered Office Clause: This clause specifies the name of the State in which the registered office of the company is situated. The company is required to inform the location of the registered office to the Registrar of Companies within 30 days from the date of incorporation or commencement of the company.
Can a company be incorporated with different objects?
Yes, a company can register for multiple businesses, but it depends on whether the activities are related or not. The company can carry more than one activity with the consent of the members. However, all the activities which are listed should pertain to the main business of the company.
Is there a subject in the independent clause?
(Notice there is no subject in the independent clause. “Don’t stop me” is an order (i.e., an imperative sentence ), and the subject “you” is implied. We’ll discuss the comma before “because” later.) Go, and never darken my towels again.
What are dependent markers in an independent clause?
A dependent marker word is a word added to the beginning of an independent clause that makes it into a dependent clause. When Jim studied in the Sweet Shop for his chemistry quiz, it was very noisy. Some common dependent markers are: after, although, as, as if, because, before, even if,…
What is a dependent clause in a sentence?
A dependent clauses (or subordinate clause) is one that cannot stand alone as a complete sentence (i.e., it does not express a complete thought). Remember that a clause has a subject and a verb .
When to use a semicolon before an independent clause?
An independent marker word is a connecting word used at the beginning of an independent clause. These words can always begin a sentence that can stand alone. When the second independent clause in a sentence has an independent marker word, a semicolon is needed before the independent marker word.