Company’s object represents the nature of business which company is doing and the same is mention under main object clause in memorandum of association. Company change its main object clause due to various reason may be change in business activity or addition of new business activity etc. object clause of Memorandum of Association can be changed only with the approval of its Share Holders by passing a Special Resolution. Therefore company needs to call an Extra-ordinary General Meeting to give effect to alteration of its Object Clause.