If the Company is willing to change its business activity the Company can alter its main objects by passing Special Resolution at General Meeting and subject to compliance with Companies Act, 2013 and approval of ROCs. The company must change its name also to bring it in conformity with main objects if there is change in business activities.
What is the procedure for change object clause of the company?
Company can change object of the company by holding of Board Meeting & passing special resolution in the General Meeting after that file form MGT-14 within 30 days from the date of passing of special resolution of the Company with prescribed fee.
Whether passing special resolution is mandatory for change of object of the company?
Yes, passing special resolution in the General Meeting is mandatory for change of object of the Company.
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