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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
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
19 January 2011 You should change so that there is no problem in future.
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Jayashree S Iyer

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Jayashree S Iyer (Expert)
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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