amendment of object clause

This query is : Resolved 

14 April 2010 can a investment co. carry on the business of leasing if covered under incidental or anxillary businesses.

14 April 2010 According to me YES.

If you wanna start bsn mentioned in other objects than u have to pass SR u/s 149(2A).

To start a bsn mentioned under incidental or anxillary businesses a board resolution is enough.

Views of other experts solicited.

14 April 2010 Fully agree with the answer of Ankur Sir.

14 April 2010 Thanks very much sir for the confirmation as i was not 100% sure.


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