Main Objects in MOA and Form 1A

Dear All,

We are in the process of getting our company incorporated, it is a farming related company. In Form 1A for name availability, the main objects were mentioned as:

"To carry on the business of farming, agriculture and horticulture in their respective forms and branches and to grow, produce, manufacture, process, prepare, refine, extract, manipulate, grind, bleach, buy, sell or otherwise deal in all kinds of agricultural, horticultural, dairy, poultry and farm produce and products including food grains, cereals, seeds, plants, flowers, vegetables, fruits, vegetable and edible oils, meat, fish, eggs and good products and preparation of any nature."

In the Main Objects of the Memorandum of Association, the objects are listed as under:

1.      To undertake commercial agriculture activities including raising of crops and to produce, manufacture and process all types of the agro based products and to acquire lands for the purpose of carrying on agricultural and related farming activities only and to deal in trading, export, import such agricultural products including food grains, cereals, seeds, plants, flowers, vegetables, fruits, vegetable and edible oils, nuts, spices, spice oils, extracts, essential oils, oleo-resins, timber, scents, aromatics, fragrances, grass, seaweeds leaves or to deal in any kinds of crops, plants seed, fruits, vegetables, timber, grass, leaves, and any other foods, arid food related items or any other produce and by products.

2.      To carry on the business as producers, processors, importers, exporters or in collaboration with others the business of horticulture, poultry and dairy farming and deal in all kind of poultry, dairy milk products, aquaculture, green house, meat, fish, eggs and any other farm products. Please let me know if this will be acceptable by ROC at the time of incorporation.

The Main Objects are similar to those mentioned in the Form 1A but worded differently to accomodate the exact business to be pursued. Please advice.

Thank you.

Replies (4)

Dear Chandana

As per your query regarding the main objects of Form 1A and Memorandum of Association are not same. As per normal practice if possible u can insert main object as given in Form 1A as object no.3 in object clause of Memorandum of Association for safety side,if your management have no problem with this insertion.

 

I think ROC will not object if u insert in Object Clause of MOA of object as you given in Form 1A. 

 

Regards

That's True i agree with that opinion

Detectives Network

Dear Chanda we also want to start the same in punjab can you guide us with project report and subsidy if any can be availaed

main object in case of company doing recharge business

 

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