The company is a IT Company. Main Business activity is computer hardware / software trading . Now it wants to trade in shares / stocks/ derivatives.

Please advice :

01. whether we have to make amendments in the main objectives in the MOA .
Or,
02. According to clause no.12 &13 of ancillary / incidental to main objects & clause no.24 of other objects (where it has been mentioned that the company can buy,sell, deal in shares, stocks, securities etc.), without any amendments in the MOA we can do this type of business.

Further I just want to know what is difference between main objectives, ancilary/incidental objects & other objects in a MOA.

Your immediate reply is highly solicited.

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Dear

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DEAR SIR,

MY QUERY IS THAT WHETHER A COMPANY CAN TAKE UNSECURED LOAN FROM DIRECTOR EVEN THOUGH HE IS NOT A SHAREHOLDER OF A COMPANY

Regards

Ravi Konda

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