Generate a professionally drafted main-objects clause for your Memorandum of Association – pick the business type, add your company name, and get ready Clause III(A) main objects plus the standard furtherance objects, aligned to the matching NIC 2008 division for SPICe+. Edit in place, then copy, print or download as Word.
Build your objects clause
Regulated activities need more than a clause: lending/NBFC business, banking, insurance, deposit-taking, degree-granting education and attest professional work cannot simply be written into the objects – they need the sector regulator first. Registrars flag such objects during incorporation if the licence trail is missing.
Five rules for drafting main objects
- Two limbs only. Under section 4(1)(c) of the Companies Act 2013 the memorandum states the objects and the matters necessary in furtherance of them – the 1956-era “other objects” list is history. Do not paste one from an old template.
- Wide but honest. Draft each object wide enough to cover natural extensions (online sales, exports, job work) but anchored to the real business – a kitchen-sink clause invites registrar remarks and signals nothing to banks.
- Align with the NIC division. SPICe+ captures one main 2-digit division; the objects should obviously belong to it. Mismatches are a common resubmission reason.
- One business family per company. Unrelated combinations get flagged. Diversifying later is a special resolution and an MGT-14 – cheaper than a messy start.
- Name-object consistency. If the name contains a field word (foods, infra, technologies), the objects must support it – the CRC checks this at name approval.
Frequently asked questions
What are the main objects in an MOA under the Companies Act 2013?
Section 4(1)(c) requires the memorandum to state the objects for which the company is incorporated and any matter considered necessary in furtherance of them – two limbs only. The old third limb of “other objects” under the 1956 Act is gone, so everything the company intends to do should sit in the main objects or flow naturally from them.
How do MOA objects relate to the NIC code in SPICe+?
SPICe+ asks for the main division of industrial activity – a 2-digit NIC 2008 division – and the registrar expects the main objects to match it. Draft the objects first, pick the division that matches the dominant activity, and use the same family of codes later in Udyam. Our NIC Code Finder maps both.
Can a company have multiple unrelated businesses in its main objects?
Legally the memorandum can state more than one object, but registrars routinely object to unrelated combinations (say, software plus food manufacturing) and it muddies the SPICe+ main division. Standard practice: keep the main objects to one coherent business family and amend the MOA later (special resolution + MGT-14) if the company genuinely diversifies.
What should NOT go into the main objects?
Activities that need a separate licence or are reserved by law unless you actually hold or will obtain that licence: banking, NBFC lending, insurance, accepting deposits, degree-granting education, and attest functions reserved for CAs/CSs. Including them without the licence invites resubmission remarks and future regulatory trouble.
Can I edit the generated clause?
Yes – the output box is editable before you copy or download it. Tailor the bracketed portions (like your product description), keep the language wide but honest to what the company will do, and have the final text reviewed before filing INC-33.
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This generator produces a first draft of the objects clause based on standard professional drafting under the Companies Act 2013. The memorandum is a constitutional document – have the final text reviewed by a professional before filing INC-33/SPICe+, and adapt bracketed portions to the actual business. See our full disclaimer.