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What is a Main Object Clause?

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.

Main object of Wood Industry

1. To carry on the business of designers, decorators, furnishers, landscapers, upholsters, woodworkers, consultants and contractors for all type of projects and to provide all kinds of services connected with the main objects and to undertake all kinds of jobs as interior decorators, furnishers, cleaners, repairer, panel processing using high precision and technology machinery and to render services in all other auxiliary fields and to carry on the business as dealers stockists, importers and exporters of all types of furniture, fittings, furnishing fabrics, handicrafts, wooden products, plywood, teakwood and teak boards.

2. To carry the business of manufacturing trading, buy, sell, re-sell, supply, import, export, transport, store, forward, distribute, dispose, develop, handle, manipulate, market, supply or otherwise to deal in all types furniture, furniture made from wood, brass, steel, fibre glass, plastics or any other alloys, wooden beading and mouldings, wooden packing cases, handicrafts, house furnishers, hirers, repairers, cleaners of furniture, carpets, linoleum, furnishing fabrics and other floor covering and glass wood fittings and all things capable of being used therewith or in the maintenance and repair thereof and consulting relating to interiors & decorators and to provide design & consultancy services for interiors decorators and to carry on business as export advisors, designers, providers of technical knowhow’ s in interiors decorators and to carry on either alone or jointly with one or more persons, government, local or other bodies, the business of to undertake work of interior designers, erection and installation and to act as interior decorators, consultants, advisors, contractors, turnkey contractors and managers, and to do all incidental acts and things necessary for the attainment of the above objects.

3. To carry on the business of timber merchants, saw mill proprietor and wood preserving and treatment operators and timber growers and to buy, sell, grow, prepare for market, import, export and deal in timber, teak, plywood, rubber and wood of all kinds and to manufacture and deal in plywood or other wood and to buy, sale, plant and work for timber estates.

4. To offer training, skill development, hand-holding, consultancy, advisory and all related services in all areas of wood works, wood industry, wood moulding, carving and to provide for such research and development including conducting and participating in seminars, workshops, exhibitions, conferences and the like and to render all such services as are required by the customers in relation to above objects.

5. To establish, organize, manage, run, charter, conduct, contract, develop, handle, own, operate and to do business as fleet carriers, transporters, in all its branches on land, air, water, & space, for transporting goods, articles, or things which are mentioned in above objects, i.e., furniture and other materials on all routes and lines on National and International level subject to law in force through all sorts of carries like trucks, lorries, trawlers, dumpers, coaches, tankers, tractors, haulers, jeeps, trailers, motor buses, omnibuses, motor taxis, railways, tramways, aircraft’s, hovercrafts, rockers, space shuttles, ships, vessels, boats, barges and so on whether propelled by petrol, diesel, electricity, steam oil, atomic power or any other form of power.

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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