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Every company's Memorandum of Association (MOA) carries an objects clause, and the main objects sit at its heart. This clause spells out the core business activities your company is formed to undertake - whether that is financial services, manufacturing, trading, or consultancy. The Registrar of Companies examines these objects when you apply for company registration, and banks, investors, and business partners often read them to understand exactly what your company is set up to do.
Getting the main objects right matters. Your company is expected to operate within the activities listed in its MOA, and taking up a completely new line of business later means formally altering the memorandum. The sample clauses below show how main objects are typically worded for this business type. Use them as a drafting starting point, and have a Company Secretary or legal professional review the final version before filing.
1. To carry on in India or else where the business to manufacture establish, produce, process, project, preserve, manage, tin-pack, clean, commercialize, sure cut, powder, buyer, seller, consultant, job worker, market man or otherwise, to deal, in all types, of animals, products, by-products, and waste including brush from making hairs and bristles of pigs, hogs, and boars, horse hari and horse hari waste, guts, bladders and stomach of animals; sinews and tendons parings and similar waste or raw hides and skins, feather and other parts of birds, bones and horn cones of animals, fast of bovine cattle sheep or goats;
2. Animals or vegetable oils, fats, sausages and the like material of meat, meat animal blood, meat extracts and meat juices, fish including caviar and caviar substitutes, crustaceans and molluses prepared or preserved and other similar and allied goods, articles and things and to do all such incidental acts and things necessary for the attainment of the above objects.
Sample main objects clause for drafting your company's Memorandum of Association (MOA). Have it reviewed by your professional before filing.
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