How do you list the activities in your company?

There are two important documents of the any company. First is Memorandum of Association (MoA) and second is Article of Association (AOA).

Memorandum of Association is the document that defines the operational scope and boundary of the company. It comprises 6 Clauses, one of which is Object clause.

We can classify activities of the company in the object clause of the MoA. The Object Clause indicates the activities for which company is incorporated or will carry on in future. It is classified in two parts:

• Main Object

• Ancillary to the attainment of the main objects.

Main Object

These are the objects which company wish to attain after its incorporation. These objects needs to be very clear & should encompass all the activities. Covering maximum possible activities as part of its main object provide the clarity for the company & outsiders.

Ancillary to the attainment of the main objects

These objects cover activities which are secondary in nature but are essential for attainment of main object. These objects generally do not include profit making or revenue generating activities.

Thus, the activities of the company are enlisted in the object clause of MoA while drafting it for company registration. The object clause can be altered later on with the consent of company’s members and must be approved by RoC.

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