Starting of new business by pvt co

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
22 March 2012 Whether Private Limited Company can start new business stated in Other Objects of MOA without passing Special Resolution in General Meeting (as stated u/s 149 - 2A) or under any other Section of Companies Act, 1956. However Section 149 is not applicable to Private Limited Companies.

Thanks

23 March 2012 As per my here MOA amendment is required because it is the Main Object which is pursued to be the Business of Company!!
But where you are doing the business stated in other object then it does not remain other object rather it becomes the Main Object!!

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
26 March 2012 Does it mean that only Public Limited Companies can do business stated in other objects of MOA?

26 March 2012 Every company is required to amend MOA to do the business of other object and is required to include such business in main object!!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details