Company law and land laws in maharashtra

Veeresh Naik (Querist) 22 October 2011 This query is : Resolved
Can a company formed under Indian Companies act, 1956 can be treated as an 'Agriculturist' if one of the clause in Memorandum of said company is for Agricultural activities?

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Sailesh Kumar Shah (Expert) 22 October 2011
your idea is appreciable!!!!!! But mere inclusion 'Agriculturist' can't be treated as an agriculturist.

ajay sethi (Expert) 22 October 2011
an ingenious argment devoid of merit

Veeresh Naik (Querist) 22 October 2011
It is not my idea, I want whether such sort of matter ever came before any court for decision? i am looking for it.

prabhakar singh (Expert) 24 October 2011
you just tell us the activity desired then we can tell if the same is legally viable or not.

Veeresh Naik (Querist) 24 October 2011
My client company has purchased agri. lands in Maharashtra. At the time of purchase they had satisfied the Sub-Registrar showing the memorandum, etc.I have a doubt in my mind that only on the basis of incorporating some objects in Memo. a company claim itself to be 'Agriculturist'. If is not so then they should have obtained permission prior to purchase as they have not done so the whole transaction may be held as illegal. This is confusion in my mind.

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