Allocation of specific economic activity based upon the main object clause of a company while allocating Corporate Identity Number (CIN) instead of entering the code '00000'.
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Economic activity coding: allocate a company's primary object-based code in CIN rather than default placeholder. Where a company operates in diverse fields, the second five-digit segment of the Corporate Identity Number representing economic activity must be filled with the specific activity derived from the main object clause (item 1 of Object Clause (III A)) of the Memorandum of Association instead of assigning the code '00000', to improve industry-wise analysis.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Economic activity coding: allocate a company's primary object-based code in CIN rather than default placeholder.
Where a company operates in diverse fields, the second five-digit segment of the Corporate Identity Number representing economic activity must be filled with the specific activity derived from the main object clause (item 1 of Object Clause (III A)) of the Memorandum of Association instead of assigning the code "00000", to improve industry-wise analysis.
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