WHAT WILL BE RAMFICATIONS IF A COMPANY DEALS IN A BUSINESS WHICH IS NOT THERE IN THE MAIN OBJECTS CLAUSE AND SUBSEQUENTLY ALTERS THE MEMORANDUMINCLUDING THE BUSINESS IN THE MAIN OBJECT CLAUSE
1 Replies
CA Narender Gupta
(CA In Practice)
(43 Points)
Replied 12 January 2011
first of all if company do any such bussiness which are not covered in his memorandum object clause than tis is a case of ultra virus transaction and in tis case any one bound to company
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