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Main object clause

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(Querist)
22 June 2015 Can we incorporate a private limited company with 1 lac of authorised capital with Main Object related to Cement and food product business.
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CA Kapil Verma

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CA Kapil Verma (Expert)
22 June 2015 One lac capital is not a problem but Cement and food are two different business and can not be in same company.

CA Kapil Verma
Founder- www.taxadvizer.com
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Ankur Garg

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Ankur Garg (Expert)
24 June 2015 Agree with expert.

ROC would not allow 2 different line of objects for 1 company.

Thanks




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