The procedure for change in Object clause of the Company under Companies Act, 2013 with point by point documentation required. Procedure for change in Object clause of the Company involves adjustment in the Memorandum of Association of the Company.
Section 13 of Companies Act 2013 manages the procedure of change in Memorandum of Association is appropriate to all organizations. All clauses of Memorandum aside from Capital clause can be adjusted by following the procedure of Section 13 of Companies Act, 2013 by passing exceptional determination.
Procedure for Change in article clause- Secretarial procedure for adjustment in item clause is given beneath:
Calling of Board Meeting: Issue a notice in agreement with the procurements of segment 173(3) of the Companies Act, 2013, for convening a meeting of the Board of Directors. Main motivation for this Board meeting would be:
Issue Notice of the Extra-ordinary General meeting to all Members, Directors and the Auditors of the organization in agreement with the procurements of Section 101 of the Companies Act, 2013;
Holding of General Meeting: Hold the Extra-ordinary General meeting on due date and pass the fundamental Special Resolution under section 13(1) of the Companies Act, 2013, for change in object clause of Memorandum.
ROC Form filing: As per segment 13(6), Company is required to record Special Resolution went by shareholders for adjustment of Memorandum with concerned Registrar of Companies. Consequently, document form MGT.14 within 30 days of passing of Special Resolution with the concerned Registrar of Companies, with endorsed expenses and alongside following connections: