111 2.6 Alteration to the objects clause


By the end of this sub unit, you should be able to:

1. Explain the sections of the Act that provide for a company to change its object clause.

2. Describe the procedures for a company to change its objects clause.



Generally, the objects clause lists the activities which the company can do in carrying out its business. The objects clause can be changed or amended by a special resolution. A company may change its objects clause as long as the clause does not involve any illegal activities.


BCS 202/05 Corporate Compliance Management Copyright © 2011 by Wawasan Open University. All Rights Reserved.


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