Companies (Consolidation) Act, 1908

Memorandum of company limited by shares.

3. In the case of a company limited by shares—

(1) The memorandum must state—

(i) The name of the company, with “Limited” as the last word in its name ;

(ii) The part of the United Kingdom, whether England, Scotland, or Ireland, in which the registered office of the company is to be situate ;

(iii) The objects of the company ;

(iv) That the liability of the members is limited ;

(v) The amount of share capital with which the company proposes to be registered, and the division thereof into shares of a fixed amount :

(2) No subscriber of the memorandum may take less than one share :

(3) Each subscriber must write opposite to his name the number of shares he takes.