objects clause

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 January 2011 Dear sir,
our company was a trading company so far. now we decided to manufacture the product so far traded. should the object clause be changed prior to commencement of manufacturing activity?

Rgds
Ganesh

19 January 2011 You should change so that there is no problem in future.

20 January 2011 You must change the object clause so as to include the manufacturing activity, else your activity will be ultra vires the memorandum.


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