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.