Change in Object Clause:^[1]
In FY 23, company changed their main Object Clause of Memorandum of Association and replaced it with:
a) To carry on the business of consultants
in all fields, including the business of legal, industrial, business management, manpower,
HR, etc.
b) To recruit people for all types of posts
in all types of industries or offices, acting
as consultants in the areas of IT, financial services, cost accounting, recruitment,
personnel management and
c) To give advisory services on the
financial systems, tax planning, and
to make representations before the
corporate, authority, corporations,
firm, person, or association of
persons in any field in which
help may be required
d) To charge fees for all the advice
and help provided, whether in India
or abroad.
e) To make investments in group/associates companies in the form of equity/preference shares, bonds, debentures, debt, loans or securities
f) To provide guarantees, other forms
of collateral, or taking on other contingent liabilities, on behalf of or for the benefit of,
any group companies.