Alter your company's main objects in the MOA — special resolution, INC‑24 filing, and full ROC compliance
The object clause in your company's Memorandum of Association (MOA) defines the business activities it can undertake. Changing these objects is sometimes necessary for diversification, expansion, or to comply with new regulations. Under Section 13 of the Companies Act, 2013, any alteration to the object clause requires a special resolution by shareholders and filing of Form INC‑24 with the ROC. Our team drafts the resolution, manages the EGM process, and ensures seamless approval.
Failing to file INC‑24 within 30 days of the special resolution attracts a penalty of up to ₹1,00,000 on the company and ₹50,000 on officers in default. Moreover, any activity outside the registered objects is ultra vires and legally void, potentially exposing the directors to personal liability.
Our experts will handle the entire amendment process — from resolution to ROC approval.
A structured approach to altering your company's business objects smoothly.
We review the existing object clause and your proposed changes, ensuring they comply with the Companies Act and relevant rules.
We draft the board resolution approving the alteration and calling for an Extraordinary General Meeting (EGM) or postal ballot.
We prepare the EGM notice, explanatory statement, and special resolution. After the meeting, we obtain the certified copy of the resolution.
We file eForm INC‑24 with the ROC within 30 days, attaching the special resolution and the altered MOA. The Central Government processes the alteration.
Once approved, the ROC updates the master data. We ensure the new object clause is reflected in all statutory registers.
We assist in updating business registrations, licenses, and stakeholders, if required, based on the new objects.
Common queries about altering the MOA's object clause