The Object clause of Memorandum of Association (MOA) is the clause in MOA which indicates the Main Business Activity of the Company carried on by the Company. The object clause also enlists the objects which are necessary in conduct of the Main Objects of the Company, which are called Ancillary/incidental Object Clause. Earlier under the old Companies Act 1956 there used to be an “Other Object Clause” also which defined all other objects that the company could undertake other than the Main and Ancillary objects. This other object clause has now been done away with under the Companies Act 2013.
A company can make changes in its Main Object by taking the approval from its shareholders in general meeting and filing appropriate Forms & documents with ROC.