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object clause

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(Querist)
13 May 2010 Can a company do a business only which is not its main object but covered in only in other objects of the company.
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Jagruti (CS)

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Jagruti (CS) (Expert)
14 May 2010 Yes, Company can do but there are certain procedure before starting such object depending upon the status of the Company.

For Pvt Company by passsing Board Resolution while in Public o. central Govt approval is required.

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