Change in Object clause
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About this Plan
Our Change of Object Clause service assists your company in modifying its object clause in the Memorandum of Association. We guide you through the legal procedures, ensuring compliance with regulatory requirements and a seamless transition.
Overview
Benefit
Documents needed
How to Register
An Overview
In today’s dynamic business landscape, companies often need to adapt their objectives. Our Change of Object Clause service facilitates this transformation by assisting companies in altering their Memorandum of Association’s object clause. We handle all legal complexities, ensuring a smooth and compliant transition. Embrace growth and innovation by redefining your company’s focus through our expert guidance.
Benefits
Diversification Opportunities:
- Expand into new business areas and seize emerging market opportunities.
- Enhance the company’s resilience and adaptability.
Improved Investor Confidence:
- Showcase strategic vision and attract potential investors.
- Boost stakeholder confidence in your company’s future prospects.
Business Agility:
- Respond to evolving market trends and customer demands.
- Stay ahead of competitors with a flexible business approach.
Enhanced Access to Finance:
- Unlock funding options for new ventures and projects.
- Strengthen your financial position for growth initiatives.
Market Relevance:
- Align your company with current market demands and trends.
- Position your brand as progressive and forward-thinking.
Legal Compliance:
- Ensure compliance with statutory regulations and company laws.
- Prevent potential legal disputes and penalties.
Strategic Partnerships:
- Facilitate collaborations with companies in complementary sectors.
- Leverage synergies for mutual growth and success.
Documents needed
Board Resolution:
- Approval from the company’s board for the proposed change.
Shareholder Approval:
- Consent from shareholders through a special resolution.
Amended Memorandum of Association (MOA):
- Revised MOA reflecting the updated object clause.
Amended Articles of Association (AOA):
- Updated AOA in alignment with the revised MOA.
Form MGT-14:
- Filing with the Registrar of Companies (ROC) within 30 days of the resolution’s passing.
Professional Certification:
- Certification by a practicing Company Secretary or Chartered Accountant.
Payment of Fees:
- Payment of prescribed fees for the ROC filing.
How It's Done
Our Online services have end-to-end online fulfilment provided by our professional. It’s very simple, completely digital, and available for all 365 days.
