Company law
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 October 2014
There's a question..
The mgt. of X ltd. has decided to take up the business of food processing activity bcoz f dwnwrd trnd in real estate business . There is no provision in da object clause of the MOA to enable the company to carry on such business.
whether the company can change its object clause in rspct to sec. 17 ??
The mgt. of X ltd. has decided to take up the business of food processing activity bcoz f dwnwrd trnd in real estate business . There is no provision in da object clause of the MOA to enable the company to carry on such business.
whether the company can change its object clause in rspct to sec. 17 ??
vivek jain
(Expert)
27 October 2014
yes object clause has to be changed
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