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CHANGE IN MAIN OBJECTS


‘Objects clause’ is in Company’s Memorandum of Association which is created & filed with Ministry of Corporate Affairs at time of incorporation of company. ‘Objects clause’ specifies those objectives for which a company has been registered in India. Unless a particular object or objects is/are clearly stated in a company’s Memorandum of Association, such company is not legally authorized to conduct such business, thereby meaning that a company cannot do any other business which has not been clearly defined under the ‘Objects Clause’ in its Memorandum and Articles of Association.

Main provisions related to alteration of MOA due to change in Main objects are given in Section 13 of Companies Act 2013 read with Companies (Incorporation) Rules 2014.

WORK PROCEDURE

DOCUMENTS REQUIRED


CHANGE IN MAIN OBJECT(S)

There can be instances where you may require to diversify your business or add a new business line to your Main Object clause and for achieving this, an alteration in 'Object clause' is mandated by Companies Act 2013. Main provisions related to alteration of MOA due to change in Main objects are given in Section 13 of Companies Act 2013 read with Companies (Incorporation) Rules 2014.



Frequently Asked Questions

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The entire process shall be taking roughly 2 to 4 days. The time period given here is totally dependent upon the application processing time taken by Ministry of Corporate Affairs.
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Copy of all ‘Challans/Payment Acknowledgements’ received from Govt. of India.
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