Q.The document that contains the Object Clause, fixing the scope of a company's business, is called ______.

The scope-fixing clause has one specific home among the four documents this chapter covers.

The correct option is (b) Memorandum of Association. Section 4 of the Companies Act, 2013 requires the Memorandum to include an Object Clause, which sets out the objects for which the company is formed and fixes the outer limit of its lawful business activity — anything beyond it is void under the doctrine of ultra vires.

The other options are incorrect:

(a) The Articles of Association govern only the company's internal management (meetings, directors, share transfers) — they never contain the Object Clause, which is exclusive to the Memorandum.

(c) The Prospectus is the document a public company issues to invite the public to subscribe for its shares; it may mention the company's objects for the investor's information, but it is not the document that legally fixes them.

(d) The Statement in Lieu of Prospectus is filed with the Registrar when a company raises capital privately; like the Prospectus, it describes the company's objects but does not itself fix them — that legal function belongs only to the Memorandum.

Students sometimes pick the Articles of Association, confusing "rules about the company" in general with the specific legal function of fixing the company's objects, which belongs only to the Memorandum.