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Change in Business Object

 


Change in Business Object

Modify Your Company’s Purpose with Legal Precision and Ease


What is Change in Business Object?

A Change in Business Object refers to the amendment of the Main Objects Clause in the company’s Memorandum of Association (MoA) to reflect new business activities, expansion plans, or a change in direction.

This change is legally required when a company wishes to pursue business activities that are not covered under the existing MoA.


When is it Required?

You must change your business object when:

  • Adding new business activities (e.g. expanding into new sectors)

  • Shifting from one core business to another

  • Diversifying into unrelated fields

  • Updating old objectives to align with market trends

  • Complying with regulatory/licensing authority guidelines


Services We Offer

At SSA Tax, we provide end-to-end assistance for:

  • Drafting revised Main Object Clause

  • Preparing necessary board & shareholder resolutions

  • Filing MGT-14 with the ROC

  • MoA amendment documentation

  • Post-filing compliance support

  • Liaising with the Registrar of Companies (ROC)


Documents Required

Certificate of Incorporation
Existing MoA & AoA
PAN of the company
Board Resolution for change
Shareholders' approval (Special Resolution)
Digital Signatures of Directors


Legal Process

Step-by-Step Procedure:

1 Board Meeting – Pass resolution for change
2 Special Resolution – Obtain approval from shareholders in an EGM
3 File MGT-14 – With ROC within 30 days of resolution
4 ROC Approval – Upon verification, the new object is registered
5 Amended MoA – Reflecting the updated business activity


Timeline

The process usually takes 10 to 15 working days, subject to ROC approval.


Benefits of Changing Business Object

Stay legally compliant
Explore new opportunities
Attract relevant investors
Update brand direction
Meet licensing & registration requirements


‍ Who Can Avail?

  • Private Limited Companies

  • Public Limited Companies

  • Section 8 Companies (with ROC & license approvals)

  • LLPs (object clause change in LLP Agreement)


Why Choose SSA Tax?

Experienced corporate legal team
Fast, accurate document preparation
Online & paperless processing
Compliance with MCA, Companies Act, 2013
End-to-end ROC filing support


Get Started Today!

Email: info@ssatax.in
Call: +91-9773346539/38/34
WhatsApp: Chat Now
Website: www.ssatax.in

PAN India Services | Online Process | Trusted by 1000+ Clients


Related Services

  • Change in Company Name

  • Amendment in MoA & AoA

  • Addition/Removal of Directors

  • Change in Registered Office

  • Company Annual Filing


Expand or Pivot Your Business Legally

Let SSA Tax handle your business object change with complete ROC compliance!