Objectives change of Company
O bjectives are the key are of a company in which its conducts its business. Objectives of a company define the what kind of business a company can do. A company can not to do a business outside of its objectives like Hero Motorcycles can not do Mobile phones business because its not in the objectives of the Company.
If any company wants to variation in business so for that company need to change its objectives as per new business. Change in Objective should be as per provisions of the act otherwise such Non Compliance of these provisions lead to hefty fine on the company and in some cases Directors may be personally liable for such non compliances.
We, Compliance Hands,a team of more than 50 qualified professionals like CA, CS, Advocates etc, having experience of more than 5 years of handling task like this and have completed more than 2000 projects. We ensure are the all the compliance on time and you can carry on your business without any hiccups.
- Procedure
- Documentation
Process of Objective Change of Company:
1. Sending notice of Board Meeting
2. Conducting of Board Meeting & Passing of Board Resolution
3. Alteration of MOA
4. Sending notice of General Meeting
5. Holding of General Meeting
6. Filing of Form MGT-14
Documents required for Objective Change of Company:
1. Notice of Board Meeting
2. Board Resolution
3. Notice of General Meeting
4. Special Resolution
5. Alteration of MOA
6. MGT-14
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change in Objective package included
- Drafting of Notice, Agenda, Notes to Agenda of Board Meeting
- Drafting of Board Resolution
- Drafting of Notice, Explanatory Statement of General Meeting
- Alteration of MOA
- Drafting of Special Resolution
- Preparing & Filing of MGT-14
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