Objectives of the company are mentioned in its ________.

Correct option is B

The objectives of a company are clearly defined in its Memorandum of Association (MOA). The MOA is considered the charter of the company and lays down the foundation upon which the company is built. The most important clause within the MOA is the Objects Clause, which specifies:
· Main Objectives (primary business activities),
· Ancillary/Incidental Objectives, and
· Other Objectives (if any).
These objectives act as boundaries, ensuring that the company does not undertake any activity beyond what is stated. Any activity outside these objectives is considered ultra vires and thus void.
Therefore, the correct answer is (b) Memorandum of Association.
Information Booster
1. MOA defines the scope of operations of the company.
2. The company cannot legally perform activities beyond its object clause.
3. MOA includes six clauses: Name, Registered Office, Objects, Liability, Capital, and Association Clause.
4. It is a public document and must be filed with the Registrar of Companies.
5. It protects the interests of shareholders, creditors, and other stakeholders by limiting the company’s powers.
Additional Information
· (a) Certificate of Incorporation: This is proof of the company's formation; it does not include objectives.
· (c) Certificate of Commencement of Business: Issued earlier to public companies, not related to objectives.
· (d) Articles of Association: Contains internal rules and regulations for the management of the company, not its objectives.