Change in Object Clause of Company
Change in Object Clause of Company – Modify Business Activities Legally
Every company is registered with a specific Object Clause in its Memorandum of Association (MoA), which defines the business activities it is allowed to undertake. As businesses evolve, the need to expand or change their scope often arises. To do so legally, you must alter the Object Clause with approval from shareholders and the Registrar of Companies (RoC).
At BOSHEET, we help you seamlessly update your company’s object clause with full legal compliance and minimal hassle.
Why Change the Object Clause?
- Diversify or Expand Business Operations
- Enter New Industry Segments
- Start a New Line of Products or Services
- Attract Investors with Updated Business Focus
- Maintain Compliance with the Companies Act, 2013
STEP 1
Board Meeting
Pass a resolution to propose the change
STEP 2
Shareholder Approval
Conduct an EGM & pass a special resolution
STEP 3
Filing of MGT-14
File with RoC within 30 days
STEP 4
Alteration of MoA
Update and submit revised Memorandum of Association
STEP 5
Approval by RoC
Once approved, new objects become effective
Get Started with BOSHEET Today!
Ensure your business is legally compliant and future-ready with our expert registration services. From ESI and food licenses to IEC and shop establishment registrations, we handle everything for you—quickly, efficiently, and hassle-free.