Change in Object

Change in Object of the Company

LegalBoss Team help you in Change in the Object of the Company.

Service Start from Rs.2599/-

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Economy Plan : Rs. 3599.00
    For Public Limited Company:
    • Draft New main Object Clause
    • Document Preparations
    • Filling of Forms
Order now
Starter Plan : Rs. 2599.00
    For Private Limited Company:
    • Draft New main Object Clause
    • Document Preparations
    • Filling of Forms
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More About Change in Object of the Company

About Object Clause:

Object clause is the clause in the MOA of the Company which defines the main business activity of the company. Any time after incorporation company can change its object by mean of whatsoever reason. The object Change does not affect company existence. Change of object come to affect only when board of director meeting  and shareholder meeting approved such change followed by the object change application approved ROC and respective authority.

 Why Change in Object Clause:

  • Expansion of Business.
  • To grape Potentiality of the  sector of business
  • For Diversification of business to reduce risk

    Important Point to be considered while Change in Object of the Company:

    • Act beyond the Company main Object is Ultra-virus Activity
    •  Conduct Board meeting and general meeting
    • Required Altered MOA and/or AOA


    FAQ on Change in Object of the Company

    Can we opt two or more main Object for the Company?

    Yes.

    Whether Change in Object Clause required to Change in name of the Company?

    No. It is not necessary to change in name with Change of Object Clause of the Company.

    Whether required to Amend in MOA and AOA?

    Yes, Object clause is the part of the MOA so, with the Alteration in Object Clause must required to Altered in MOA. 

    Required Documents for Change in Object of the Company

    Minimum Requirements

    • Certificate of Incorporation
    • MOA and AOA
    • Company PAN Card
    • List of Directors
    • List of Share holders
    • Digital Signature of Director

    Specific Requirements

    • About proposed Change Object/ Activity 

    Points to make your decision easy

    Step Involved in Change in Object of the Company

    STEPS & TIME DURATION
    1

    Day 1-2

    • Discussion between LeglBoss Team & the Promoters/Directors of the Company.
    • Drafting necessary Documents and resolutions.

    2

    Day 3-4

    • Signing of Required Documents.
    • Preparation for ROC forms for Changes

    3

    Day 5-6

    • Filling of Forms and Documents with ROC
    • Paying ROC Fees

    4

    Day 7 onwards

    • ROC processing Time / Approval Time
    • Send Approval Letter with Forms and Challan