Can a company undertake activities that are not explicitly mentioned in its object clause?

Mar 4, 2009 ... However, a company may choose to restrict its objects in its articles (section 31). If the articles do contain a restriction, that restriction ... Mar 13, 2025 ... This article mentioned the role of MOA and flexibility in the companies in India under companies act and compared with U.S. ... object clause the aims of common benefit that it intends to pursue. This means that the company will not only pursue the purpose of profit, but also the ... Apr 14, 2020 ... Steps for Alteration in object Clause of Memorandum of Association · Certified True Copies of the Special Resolutions along with explanatory ... Alteration of objects clause by special resolution. 1241. (1) Subject to subsection (2), an unlimited company may, by special resolution, ... Dec 28, 2024 ... ... clause, object clause, liability clause, capital clause, and association clause. It defines the legal scope of the company's activities ... At common law a company is limited to acting within the objects set out in its memorandum of association. a part of a company's memorandum of association (= a legal document describing a new company) that states the aims of the company and the powers of the company ... The objects clause may be amended by special resolution. Holders of not less than 15 per cent of the DAC's issued share capital or debentures entitling holders ... A legal concept of purpose survives in current company law. ... corporate charters or the objects clauses that followed the general incorporation statutes.