Single object for incorporation of a company?

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Ca Subhash Kumar (Querist)

24 April 2015 Single object for incorporation of a company?

what is the requireemnt in this regard?

In main object:

There should not be

1.
2.
3.

Why? What is the provision of the company law in this regard?

Pratik Shah

Pratik Shah (Expert)

25 April 2015 Hi, can you please describe your query in more detail? Where did you read 'Single object for incorporation of a company'?

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)

25 July 2025 Here’s a concise explanation about **Single Object Clause for Incorporation of a Company** under the Companies Act, 2013:

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### Single Object Clause — What is it?

* **Single Object Clause** means the Memorandum of Association (MOA) of the company states **only one main object** for which the company is incorporated.

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### Requirements regarding Main Object Clause for Incorporation:

1. **There should not be more than one main object** in the Main Object Clause.

* The main object clause should be **clear, specific, and singular** so that the company’s purpose is well-defined.

2. **No other objects should be included in the Main Object Clause** — other objects must be in the “Other Objects” clause, not the main object.

3. **The object should be lawful and not ultra vires** the company.

* The company cannot undertake any activity other than the objects stated.

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### Why these restrictions?

* **Clarity and certainty:** The law requires a clear definition of the company's main purpose to avoid ambiguity.
* **Avoid Ultra Vires Acts:** If the company undertakes activities outside its main objects, those acts may be declared ultra vires (beyond powers) and thus void.
* **Regulatory Compliance:** Proper object clause helps authorities and shareholders understand the company’s business.

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### Relevant Provisions in Companies Act, 2013:

* **Section 4(1)(c):** MOA must state the main objects for which the company is incorporated.
* **Rule 11 of Companies (Incorporation) Rules, 2014:** Specifies format of MOA, including Main Object Clause.
* **Section 149 (Restrictions on objects of company) applies to certain companies** but generally defines company’s powers as per MOA.

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### Summary:

| What Should NOT be in Main Object Clause |
| ------------------------------------------------------- |
| 1. Multiple unrelated objects |
| 2. Ambiguous or vague descriptions |
| 3. Objects not aligned with the company’s core business |

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If you want, I can help you draft a Single Object Clause for your company’s MOA. Would you like that?

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