For example The objects clause set out the objectives of the company. Show source/s Plain English Campaign Give feedback This page was not useful This page was useful Thank you for your feedback. If you have another few minutes please take the time to tell us about our new Dictionary service. Thank you for your answer, if you can tell us more that would really help Update
Memorandum and articles of association The memorandum gives details of a company's name, objects (purposes) and share capital. It also sets out the limits of the shareholders' liability if the company has to be wound up. The articles set out the members' rights and the directors' powers.