Is it allowed to run multiple businesses in one company?

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An organization functions to gain profit from specific business activities. To gain increasing profit the efforts of the organization must be directed in one way. The company is a type of organization that requires a specific registration process to be followed and limited its scope within provisions of law. The scope of activities of the company is defined by the charter documents of the company i.e. MoA and AoA. Object clause of the company is mentioned in the MoA of the company, which must be furnished to MCA while company registration.

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