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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 the business or profession of consultants, suppliers, providers of all types of man power such as contractual, skilled, unskilled, trained labour, staff, managerial personnel and act as Placement agent, employment agent or recruitment agent and to carry on the business of recruitment and placement of all kind of personnel including managers, professionals, executives, skilled, semi-skilled, un-skilled workers, labourers & other technical personnel required to individuals, bodies, corporates, societies, undertakings, institutions, associations, government or local authorities in India and abroad.
2. To provide man power for industry and labour contractors and/or to provide the services of vehicle inspection, customer authentication inspection, spot or place inspection, delivery of goods, grocery, medicine, foods, electronics, cloths or any and all kinds of goods either on its own or entering into partnership with or under a contract with any other entity.
3. To carry on in India or elsewhere, the business of courier services and to provide promote supervise represent or to act as an agent for all types of courier activities, including but not limited to, that of collecting any documents goods, articles, things on behalf of customers and to deliver them at specified places, cities, country.
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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