Commencement of business given under "other object" clause

Dear members,

A PRIVATE Company wants to undertake the business mentioned in the "OTHER OBJECT" clause of MOA.

The name of the Company is CG bricks Pvt Ltd and it wants to undertake the activities relating to the Hydro Power Plant which is mentioned in the OTHER OBJECT clause of MOA

Since Section 149 is not applicable to the Private Company, then whether it can commence the business mentioned in the OTHER OBJECT clause or members resolution is required to amend the MOA of the Company and then carry on that activity.

 

Please guide me and correct me if i am rong

 

Regards,

Mayuri lal

Replies (3)

Simply take a board resolution. Members approval not required.

Just check out this link if it will be useful to you.

 

/articles/formalities-for-starting-a-new-business-3087.asp

Lal Jee, Company is not required to amend MOA, it can commence the business mentioned in the OTHER OBJECT clause. Thanks, Neha

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details