Change Business Objective


Change Business Objective

Sometimes the Directors of the Company may wish to change the range of activities which is being carried out by company since its incorporation. In such a case, the Company will have to amend the Main Object or the objects stated in its Memorandum of Association after obtaining approval of its Members.

Process

  • Hold a Board Meeting and issue notice of General Meeting.
  • Hold General Meeting and pass a Special Resolution of Members.
  • Amend the MoA with the new main object or objects.
  • File the Special Resolution along with Amended MoA in e-form MGT-14 with the ROC with 30 days of passing of Resolution.

Documents

  • Copy of Special Resolution together with Explanatory Statement.
  • Amended MoA

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