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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 business as manufacturers, producers, processors, growers, fermentators, distillers, refiners, makers, inventors, convertors, importers, exporters, traders, buyers, sellers, retailers, wholesalers, suppliers, indenters, bottlers, packers, movers, preservers, stockists, agents, sub-agents, merchants, distributors, consignors, jobbers, brokers, concessionaires or otherwise deal in Ayurvedic Medicines and other products which can be manufactured using the raw materials from Cow (Cow Urine, Cow Dung, Milk, Curd, Batter or Ghee) or otherwise.
2. To carryon in India or elsewhere the business to the manufacture, produce, process, prepare, disinfect, compound, mix, clean, concentrate, segregate, pack, repack, grade, preserve, extract, buy, sell, resell, import, export, distribute market, supply and to deal in all types, descriptions, tests, uses of Dairy Products, their by products, ingredients, derivative, residues including Milk, condensed milk, skimmed milk, cheese, butter, cream, paneer, mattha, curd and all other items, whether natural, artificial or synthetic of character similar or analogous to the foregoing or connected therewith & to do all incidental acts, things necessary for attainment of the foregoing 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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