How does the object clause affect a company's eligibility for tax relief or exemptions?

Find out more about the legal requirement below. What is the B Corp Legal Requirement? The B Corp Legal Requirement formalises your company's ... Apr 5, 2023 ... Object Clause: The Object Clause defines the objectives and powers of the company. ... legal power) of the company. Rayala Corporation Pvt ... 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 ... Jul 5, 2022 ... ... company's constitution to see if the proposed transaction was within the company's objects. ... clauses, covering any future activity in ... Also, the acquiring company should have the permission in its object clause to carry on the business of the acquired company. In the absence of these ... Oct 1, 2020 ... Change in Object clause of the Company involves Alteration of Memorandum of Association of the Company. Section 13 of Companies Act 2013 ... Oct 30, 2023 ... The following Corporate precedent provides comprehensive and up to date legal information on Resolution—removal of objects clause and ... Mar 5, 2024 ... This is a clause that sets out a company's purpose and the scope of its activities. Essentially, it restricts what a company can do. Aug 16, 2010 ... 5.90 An objects clause is a provision—often located at the beginning of a piece of legislation—that outlines the underlying purposes of the ... Certificate of registration of the order of Company Law Board confirming transfer of the registered office from the State of Karnataka to the State of ...