Experienced Professionals
Our professionals are highly experienced and committed to challenges and innovation to tackle.
Home / Company Objectives / Hospital & Clinics
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 develop, construct, acquire, establish and maintain hospital(s) for the reception and treatment of persons suffering from illness, or mental defect or for the reception and treatment of persons during convalescence, or of persons requiring medical attention, or rehabilitation, solely for philanthropic purposes and not for purposes of profit.
2. To found, establish or takeover, and/or otherwise conduct research institutions in all discipline of medical and surgical knowledge.
3. To provide research facilities for carrying on research, basic and applied, in all systems and discipline or medical and surgical knowledge, keeping in view the socio-medical and socio-needs of the afflicted community.
4. To encourage and discover new medical and/or surgical management of diseases and affections and to investigate and make known the nature and merits of investigations and findings and research in the said field and to acquire any patent and license or other protective devices relating to the result of any discovery, investigations, findings or researches and to acquire any processes upon such terms as may seem expedient and to improve the same.
5. To provide, encourage, initiate or promote facilities for the discovery, improvement or devolvement of new method of diagnosis, understanding and treatment of diseases.
6. To conduct and to carry on experiment and to provide funds for research works and for scholarship, stipend, remuneration and/or other payment or aid to any person or persons engaged in research work, or work conducted with or conductive to research and to encourage and to improve knowledge of the persons who are engaged or likely to be engaged in any medical or related profession so as to make available relief to the public at large.
Sample main objects clause for drafting your company's Memorandum of Association (MOA). Have it reviewed by your professional before filing.
GOT AN IDEA?
Let's schedule a meeting
Our professionals are highly experienced and committed to challenges and innovation to tackle.
Our priority is to offer services at the best possible price and build a strong relationship. We surely bring a smile on your face by giving something extra.
We are there at every step to make sure that you have the resources at hand to serve your company's ongoing needs.
