ComplyKart Services
Change in Object of the Company leads to the change in Memorandum of the Company. Get it changes to venture into new areas hassle free.
Package inclusion:
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Drafting of Objects
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Filing of Forms with MCA
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Follow up and Approval
CA/CS-guided review
Your documents and structure are checked before anything is filed.
Written scope first
Inclusions and payable charges are explained before work begins.
Support till it’s done
One team owns your filing, from the first call to the final handover.
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Experience behind every filing
A quick snapshot of the work so far.
Fees
Fees and packages for change of object of company
Every requirement is a little different, so we quote after a short discussion — the consultation itself is free.
Custom quote
Change of Object of Company
Talk to a ComplyKart expert — we’ll understand your requirement and share an exact written quote before you pay anything.
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Change of Object Clause Package Inclusions
- MOA object clause re-drafting by company law experts
- Board and special resolution drafting with explanatory statement
- E-filing of Form MGT-14 with the ROC
- Compliance check for regulated activities (RBI/IRDAI etc.)
- SRN acknowledgement and updated MOA handover
Overview
What is Change in Object?
Companies offer ownership opportunity to general public by issuance of shares, that’s why interest of a large number of people lies in the company. The legal obligation of the company to involve only in those activities that pursue their interest. From incorporation to day to day activities of the company, laws and regulations control company at every stage of its business to secure the interest of its shareholders. Moreover, shareholders exercise their voting right to influence major decisions of the business. Whenever, management plans to change certain aspect of business, shareholders use their voting right in that case also to approve that change.
Change of Object of the company is done starting with a Board Meeting to get the approval of all members for the change of clause. The main reason for this meeting is to get the approval of the Board Members and also get approval from Shareholders as well. There are few rules to call for the Board Meeting such as giving 7 days prior notice to all Board Members before the Meeting. Only the Board can decide on agreeing or disagreeing to the new change of clause. The Board will also set the EGM agenda and fix venue and time for the EGM.
ComplyKart is the most trusted company with a proven track record and customer satisfaction for all financials & compliances. We have the expert professionals and attorneys having years of excellence which makes their work more accurate. All of our services are rendered by a selective team of professionals who are exclusively having expertise in their respective field.
There may be a change in the object clause in many situations like:
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Starting a new line of business
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Discontinuing a business segment
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Enhancement in the scope of services
Documents
Documents required for change in the Object:
Clear, current documents matter more than a long checklist. Names, dates of birth and addresses should match across records.
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Process
Process of changing the Object
You’ll see each stage, what’s pending and what we need from you — so filings don’t bounce back.
Step 1 of 5
Meeting of Board of Directors
In meeting of Directors, a Resolution is passed for the amendment in the Object clause of the MOA. Date for shareholders meeting is also fixed in the same meeting.
Convening General Meeting
A General Meeting of shareholders is called for passing a Special Resolution. In this meeting, Shareholders exercise their voting right to approve the proposal of amendment in business activities.
Revising MOA
After getting consent of shareholders, relevant clause of MOA is amended to reflect changes in business operations of the entity.
Getting approval from ROC
After shareholders approval, a copy of Special Resolution along other documents is submitted to Registrar to register the amendment in object clause.
Filing MGT-14 to MCA
Finally, e-form MGT-14 is filed to approve the changes in MOA. The amendment request must be filed within 30 days of passing of special resolution. This approval document needs to be sent to Registrar upon issuance.
Why ComplyKart
How ComplyKart Helps in the Entire Process
You should know who’s doing what. Open a stage to see how the work is shared.
Preparation of Documents
We help you to Pass resolution and prepare the necessary documents which are required to be filed with Ministry of Corpo...
Amendment in Memorandum of Association
ComplyKart helps in amending the Object clause of MOA in a way that authorities easily approve
Registration from ROC
We file the Form with Registrar and submits required document for approval along with attachments fort its approval
Filing MGT-14
We file e-form MGT-14 as required to be filed within 30 days of the passing of Resolution
Preparation of Documents: We help you to Pass resolution and prepare the necessary documents which are required to be filed with Ministry of Corporate Affairs.
If a founder or investor is outside India
Foreign ownership is possible in many sectors, but it adds document authentication, banking and FEMA work. Set the route before funds move.
Plan before you start
- Check whether your sector permits automatic-route foreign investment
- Confirm the Indian resident director arrangement
- Map ownership, beneficial ownership and pricing
- Allow time for apostilled or consularised documents
Plan for after setup
- Receive funds through permitted banking channels
- Complete RBI/FEMA reporting and keep the bank evidence
- Coordinate tax and ongoing compliance advice early
FAQ
Frequently Asked Questions:
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The objective of the company is defined in the Memorandum of Association of the company
The object of the company is changed by passing a special resolution
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What clients say about working with us
Real stories from businesses we've worked with.
Our Trademark was applied in all the classes with a short span of time by Complykart Trademark Experts and I can say the level of expertise and commitment they carry is remarkable. It's an A+ from my side. We are now sticking to ComplyKart only.
I found the professionalism of the staff at complykart.com, a pleasure to work with. As a foreigner to India, they took the time to explain the documentation and assisted in every question I raised. I was pleased that complykart.com made it easy for my Business.
Trust, Commitment, Dedication and responsiveness are the best things with ComplyKart. Thanks for handling our Merger assignment with so much care. After my business disputes, complykart handles all things with own sense of understanding.
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