Nature of Business

Company can alter its object clause by way of addition, deletion, modification, substitution, or in any other way, only if it wants To carry on its business more economically or more efficiently; or, To attain its main purpose by new or improved means; or, To enlarge or change the local area of its operations; or, To carry on some business which under existing circumstances may conveniently or,advantageously be combined with the business of the company etc.

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