Object Change

  • Diversify your business or add a new business
    to your main object
  • Start at just INR 3,199

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    DEFINITION

    The Memorandum of Association (MOA) of a company has object clauses that determine the purpose and range of activities of a company. Company can not do any other business which is not specified in Object Clause of Memorandum of Association of the Company. Hence whenever you want to diversify or add new business line to your main object, it would require change of object clause.

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    FAQS

    Object clause is the clause in the MOA of the Company which defines the main business activity of the company. It defines the main objects that the company is going to pursue after incorporation.

    Note: that earlier under the Companies Act’ 1956 there used to be an Other Object Clause also which defined all other objects that the company could undertake other than the Main and Ancillary objects. This other object clause has now been done away with under the Companies Act’2013.

    NO, Every company do business as per the object clause beyond the object clause company or LLP no one is doing business.

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    Process is as follow:

    • Hold the Board Meeting
    • Convene a general meeting
    • Filing and fees