Main object alteration for firm takeover

Mitali Agarwal (Company Secretary) (638 Points)

09 February 2010  

Hello Friends,

 

I would like to know that whether is it necessary to have the object of " acquisition of business/assets of any undertaking, firm or company" as a part of the main object clause before taking over a running partnership firm?

The above object is under the head "Objects ancilliary to attainment of main objects".

 

If yes, then whether a common object like above is to be included under main Objects or the name of the firm being acquired should be specifically included. (the name of the company will not go with this object)