Don't miss out — save 10% on your ITR, GST or TDS filing with this code
Don't miss out — save 10% on your ITR, GST or TDS filing with this code
Don't miss out — save 10% on your ITR, GST or TDS filing with this code

Object Clause Change

Support for updating a company's stated business objects when its proposed activity changes.

What is this Service?

Amending the objects clause of the memorandum so the company can lawfully carry on a new or expanded line of business.

Why You Need It

A business should ensure its constitutional documents support the activity it intends to carry on.

Key Benefits

Drafting the revised objects clause against the intended activity and NIC code

EGM notice, explanatory statement and special resolution preparation

Amended MOA set for the company records

Key Facts

Applicable to
Companies expanding or redirecting their business activity
Filed in
MGT-14 with the special resolution
Due date
MGT-14 within 30 days of the resolution
Watch-out
Companies that raised public money face additional conditions

Documents Needed

  • A description of the new business activity

  • Existing MOA and AOA

  • Shareholder list and shareholding pattern

  • DSC of an authorised director

What Is Not Included

  • Government, statutory, stamp-duty and portal charges (billed at actuals)

  • Litigation, adjudication or representation before any authority

  • Bookkeeping, statutory audit and income-tax return preparation

  • Additional filings triggered by facts discovered during the review

Ready to get company secretarial support?