Change Objective/Activity (MOA/AOA)

    About Our Service

    Updating the Objectives or Activities outlined in the Memorandum of Association (MOA) and Articles of Association (AOA) of your Private Limited Company is a significant step, and FilingMan simplifies this process for you. Our seasoned experts navigate the legal complexities seamlessly, ensuring accurate documentation, compliance with regulations, and timely submissions.

    Whether you're diversifying your business operations or aligning with new goals, FilingMan's service guarantees a smooth transition, allowing you to focus on your company's growth while we handle the intricate details of amending the MOA and AOA. With meticulous attention to detail and a commitment to your company's success, FilingMan ensures that your updated objectives and activities are properly incorporated, maintaining your company's legal standing and facilitating your evolving business ventures.

    Calling a Board Meeting

    The first step in altering the MOA's objects provision is to publish an announcement calling a meeting of the Board of Directors. The following items will be on the meeting's main agenda:

    To change the object clause of the Memorandum of Association (MOA), you must first have the directors' approval in principle.

    Set a date, time, and location for the Extraordinary General Meeting (EGM), at which shareholders will vote on whether to change the object clause of the Memorandum by a Special Resolution.

    Prepare and approve the EGM notice in line with Section 102(1) of the Companies Act of 2013, including the agenda, justification, and notice of meeting.

    Give the go-ahead for the Director or Company Secretary to publish the notice of the EGM as permitted by the board under the aforementioned clause 1(c).

    In accordance with the requirements of Section 101 of the Companies Act of 2013, distribute the notice of the EGM to all shareholders, directors, and auditors.

    Adoption of a Special Resolution

    Keep the Extraordinary General Meeting (EGM) at the time, place, and date given in the notice. To adopt the special resolution that accepts the revisions to the company's MOA objects clause, the shareholders must vote their approval during the EGM.

    Form Filing ROC

    The special resolution that the shareholders passed for the revision of the Memorandum must be filed with the appropriate Registrar of Companies (ROC) in order to receive MCA approval. Within 30 days following the date on which the Special Resolution was passed, the modifications to the MOA objects clause must be submitted using form MGT-14. Include the following attachments and the required fees with your filing:

    Notice related to the Extraordinary General Meeting (EGM)

    Certified True copy of the Special Resolution

    Revised Memorandum of Association

    Optional attachment: Certified True copy of the Board Resolution (if applicable).

    For Private Limited Companies

    When the MOA objects clause is changed for a Public Limited Company, the additional steps below must be taken:

    Post information about the special resolution in two publications, one in English and one in a local language that should be read in the area where the company's registered office is located. If applicable, the information should be posted along with the justifications for the change on the company's website.

    A chance for dissident shareholders to leave the company through the promoters and shareholders should be provided. This means that a mechanism should be made available for shareholders to sell their shares and leave the company if they disagree with the modifications to the MOA objects clause.

    Costs
    Change Objective/Activity (MOA/AOA)

    ₹ 2,999 / Only

    Plus Government Fees, Stamp Duty Extra.

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      Why Choose FilingMan

      For Change Objective/Activity (MOA/AOA)

      FilingMan stands as your reliable partner for amending the Objectives or Activities in the Memorandum of Association (MOA) and Articles of Association (AOA) of your company. Our experienced professionals adeptly guide you through this critical process, ensuring adherence to legal procedures, accurate documentation, and seamless submissions. With a deep understanding of regulatory nuances, FilingMan ensures that your company's updated MOA/AOA reflects your evolving business strategy while maintaining compliance. Trust FilingMan for a meticulous and hassle-free experience, enabling you to adapt your company's objectives with confidence and focus on driving your business towards new horizons.

      Change Objective/Activity (MOA/AOA) FAQ'S
      Why would I need to change the Objectives/Activities in the MOA/AOA of my company?
      Companies often need to adapt their objectives or activities due to shifts in business strategies, market demands, or expansion plans. Changing the MOA/AOA allows your company's legal framework to align with its evolving goals.
      What is the process of changing the Objectives/Activities in the MOA/AOA with FilingMan?
      FilingMan guides you through the entire process, starting with drafting necessary resolutions and amendments. Our experts ensure accurate documentation, assist with required regulatory approvals, and facilitate the submission of updated MOA/AOA to the concerned authorities.
      How long does it take to change the Objectives/Activities with FilingMan?
      The timeline can vary depending on factors like the jurisdiction and regulatory processing times. FilingMan prioritizes efficiency, aiming to complete the process as swiftly as possible while ensuring all legal requirements are met.
      Will changing the MOA/AOA affect my company's legal status or compliance obligations?
      Changing the MOA/AOA can impact your company's legal identity and compliance requirements. FilingMan ensures that the amendments are carried out in accordance with relevant laws, helping your company remain compliant and legally sound.
      Can FilingMan assist with complex changes in the Objectives/Activities?
      Yes, FilingMan's expertise extends to handling intricate changes in the Objectives/Activities. Whether it's a minor adjustment or a substantial shift, our professionals navigate complexities to accurately reflect your company's revised vision within the legal framework.