Which of the following is correct in relation to a company’s ability to have a restricted objects clause in its constitution?


Which of the following is correct in relation to a company’s ability to have a restricted objects clause in its constitution?

(i) A company may restrict its objects in its constitution

(ii) Any clause restricting the company’s objects should be included in the company’s articles of association

(iii) The shareholders may pass a special resolution to alter the company’s constitution by including a clause which restricts the company’s objects
A . (i) only
B . (ii) only
C . (i) and (ii) only
D . (i), (ii) and (iii)

Answer: D

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