Mutiple Object Clause in MOA
This query is : Resolved
Quick Summary
CA ANANT KUMAR
(Querist)
24 March 2021
Can a private limited company has multiple object clauses. E.g. Construction services, Hotel industry and software related work.?
CA Rashmi Gandhi
(Expert)
25 March 2021
YES, however it depends whether the activities are related or not. The company may carry on more than one activity at the consent of the member. All such activities are required to be listed under the object clause as specified above. In a practical scenario, many promoters wish to put all different activities under one roof, which may be possible to a certain extent.
CS Divesh Goyal
(Expert)
21 July 2021
Yes a Company have nnnn No. of objects.
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