Objects clause comparison under Old and New Companies Act
As per Companies Act 1956
The MOA must have objects to be pursued divided in three parts i.e., between
1. Main Objects
2. Incidental/ancillary objects
3. Other objects
As per Companies Act 2013
The MOA will be required to state only the object for which the company is registered & any other matter considered necessary in furtherance thereof.
From which date the new MOA format is applicable?
What if the company is registered in January with MOA of old companies act?