Penalty for non-compliance with companies main objective

As stated in Section 4 of the 2013 Companies Act when combined with Section 10. The Act's provisions under section 4(1)(c) state, among other things, that the company's memorandum must list the object for which it is intended to be formed as well as any other information deemed relevant to those purposes.

source https://www.caclubindia.com/articles/penalty-for-non-compliance-with-companies-main-objective-49746.asp

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