(Expert) 10 November 2008
Though, the said business is not mentioned as one of the main objects of the company, I feel that the company can engage in that business because it comes in other objects.
I feel that the objects of a company need no be interpreted like a statute - 'ejusdem generis'.
(Expert) 12 November 2008
They can start other business
(Expert) 13 November 2008
make a special resolution in this effect and carry on the business.
(Expert) 20 November 2008
A. Pass a spcial resolution for starting a new business and change in the main object clause.
B. In case of public ltd co publish in newspaper for hearing objection.
C. File report with the concerned registrar of companies.