Please advise on the following:
A company having its main objects as manufacturing certain lether products. Now it wants to trade in shares & securities also.
If the company has the clause of trading in Shares & Securities in the other Objects , whether the same is required to be included in the main objects or the Ancillary objectives will do?
name of compnay " xyz laminates pvt ltd"
Secondly whether any resolution is required to be passed?
C.A. Naresh Agarwal
C/o Agarwal & Associates
Kolkata
Dear CA Naresh Agarwal
You need not change the MOA. You can carry on the object by passing pecial resolution.
Sunil Gogia
CAclubindia
