The subject(object) of the contract consists of (in) the takeover
Explanation:
This is basically what this phrase is saying. This is a fairly well used and understood term. You could also say "subject matter of the...".
Be careful with the word "Obiectul" . It can be a faux ami(false friend) with regard to usage between English and Latin languages. If it is describing the purpose and aim of the contract, you can use "object", if it is concerning the party, property or item involved with the contract, you must use "subject".
You actually have a choice of 3 prepositions after "consists..." . I provide a link to a dictionary entry which explains which preposition you might want to use, depending on the rest of the context.
con·sist (kn-sst)
intr.v. con·sist·ed, con·sist·ing, con·sists
1. To be made up or composed:
New York City consists OF five boroughs.
2. To have a basis; reside or lie:
The beauty of the artist's style consists IN its simplicity.
3. To be compatible; accord:
The information consists WITH her account.
http://www.thefreedictionary.com/consists
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Note added at 5 hrs (2011-02-10 23:43:13 GMT)
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It seems like "subject" may be the appropriate term here. If the aim of the contract is bind somebody to collect documents/take over etc, "object" would be appropriate, if the contract covers what is involved in the taking of docs, "subject" would be appropriate. I would say "subject" is the usual.
Example sentence(s):- 1. SUBJECT OF THE CONTRACT The Seller has sold and the Buyer has boug
Reference: http://agreements.realdealdocs.com/Sales-Agreement/SUBJECT-O...
|  LaraBarnett
United Kingdom
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Native speaker of:  English
PRO pts in category: 20
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The translation workplace 
peer agreement (net): +4
