Object clause is the third clause of memorandum of association of a company which states the:
- Main objects describing the purpose for which the company is incorporated; and
- Ancillary objects containing any other matter necessary for furtherance of main objects
E-Tax Service Offerings:
- Preparation of necessary documents for change in object clause like altered MOA
- Drafting of documents required to call and hold the required meetings like notice of meetings, certified true copy of resolutions and minutes
- Filing of ROC form MGT-14 along with uploading of necessary attachments
Our Procedure for alteration of object clause
- Drafting an altered Memorandum of Association
- ssue notice to all the directors of company for calling the board meeting
- Hold the meeting of Board of Directors and pass the following Board Resolutions:
- To consider the alteration of object clause;
- To approve notice of general meeting along with explanatory statement;
- To fix day, date, time and venue for holding general meeting;
- To authorize the director or company secretary to do such acts, deeds and things as may be necessary to give effect to the Board’s decision
- Send notice of general meeting along with explanatory statement to those who are entitled to receive notice like directors, members, auditors and others
- Obtain shareholders’ approval by passing a special resolution at the general meeting for alteration of object clause of memorandum of association of the company
- Within 30 days of passing special resolution, file Form MGT-14 for notifying ROC along with the copy of the notice of general meeting with explanatory statement, certified true copy of the special resolution and other necessary attachments
- Obtain certificate for registration of alteration from Registrar which serves as a conclusive evidence that company has complied with all the requirements