Alteration / Addition to the Object Clause
Confirmation of the alteration of the Objects Clause of the MOA
Sections 12 & 13 of the Companies Act, 1994: Upon the learned Advocate's explanation and submission to that effect this court is satisfied that the proposed alteration will secure to the Company an enhanced capacity to make a foray in an expanded area of business as would prove economically beneficial for it. It also appears to this Court that such proposed alteration /addition to the Objects Clause will not be in conflict with the objects as otherwise already specified in the MoA. (Para-7, Mr. Justice Syed Refaat Ahmed). 14 BLC 377-14 MLR 432: Sunirmal Chaudhuri Vs. Registrar of Joint Stock Companies and Firms
