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Home / Company Objectives / Manufacturing of 3D Printer Machinery
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 set up manufacturing unit or plant to produce, process, design, develop, invent, assemble, fabricate, manufacture, distribute, market, sell, service, deal in recycling various metals such as aluminium, brass, ferrous metals, stainless steel, iron and other kinds of metals extracted or imported complete and parts, accessories, articles and fittings thereof, fabrication of these out of any metal into customized object or any kinds of equipment’s using 3D printing and rapid prototyping technology.
2. To carry on business in India or outside India as manufacturers and dealers in capital equipment’s related to 3D related machinery and plant of every description, repair, alter, convert, recondition, prepare for sale, buy, sell, hire, import, export, let on hire, trade and deal in machine tools and implements, plant equipment’s, 3D filaments and 3D printers, articles, apparatus, appliances, components, parts, accessories, fittings and things in any stage or degree of manufacture, process or refinement.
3. To act as stockiest, concessionaires, consultants, booking agents or deal in all type of reusable materials through recycling operations, and engage in waste management by using 3D Printers technology to convert metals waste and other kinds of waste into unique products or articles and also engage in trading of manufactured goods and electronic goods in India or outside India.
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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