Change Objective of Your Business

Change Objectives of your business

In order to get this change Objectives of your business approved, the Memorandum of Association must be very clearly and carefully amended.

Introduction

The objectives of a Company are set out in its Memorandum of Association, and it must work towards those objects only. Thus, as an illustration, a stationery company with the objective of selling/purchasing stationary cannot suddenly expand into the fashion industry. In order to change the direction in which a company is headed, the Object clause of the MoA must be changed as well. The RoC carefully scrutinizes the objects clause of a company, as an objects clause with the extremely broad effect would give the board expand anywhere.

Requirements for changing the objects of a company are tedious procedural steps, so leave the work of figuring them out to our experts by signing up for our Change Objective of your Company service today and spend your time working on the new direction that your company is pushing towards!

Procedure for Amendment of Object Clause

The Board must call for a Meeting of the Shareholders.

Special Resolution amending the Object Clause must be passed.

Form MGT – 14 must be duly filled and filed within thirty days of the passing of the special resolution.

Advertisement in the newspaper(in case of a Public Company).

Registration Process

Upon signing up for our Change Objectives of your Business service, our business experts will review the Memorandum of Association and the proposed amendments in order to better brief you regarding the procedure required for the same;

After successfully going through a consultation, our team shall prepare an advisory helping you with the necessary steps and draft the necessary amendment to the MoA.

Once the required resolution is passed effecting such change, our legal team would prepare the required documents and file the same with the Ministry of Corporate Affairs.

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Change Objective of Your Business

@ 3999/-

Change Objective of Your Business

Change Objectives of your business

Registration Process

Package

Basic

3999 /-