Pivot your business or expand into new sectors by legally changing your company's main business activity. We assist in altering the Memorandum of Association (MOA) and filing MGT-14.
Trusted by 15,000+ Clients
The Memorandum of Association (MOA) defines the main objective of a Private Limited Company. If the company wants to start a new business activity that is not listed in the MOA, it must alter the Object Clause by passing a special resolution and getting approval from the Registrar of Companies (ROC).
Allows the company to diversify into new markets and product lines without registering a new company.
Ensures that all business activities are legally authorized under the company's charter, preventing "ultra vires" acts.
Banks and investors often require the MOA to specifically mention the business activity for which funding is sought.
Enables startups to pivot their business model completely if the initial idea doesn't work out.
Directors meet to approve the proposed changes and call for an Extra-Ordinary General Meeting (EGM).
Shareholders approve the alteration of the MOA by passing a Special Resolution in the EGM.
File Form MGT-14 with the ROC within 30 days of passing the resolution.
The ROC scrutinizes the application and registers the new objects. A fresh certificate is not issued, but records are updated.
We provide a dedicated Startup Advisor, monthly compliance status reports, and ensure 100% accurate filing at the lowest fees in the market.
Get StartedGet in touch with our team for any questions.
Get direct access to professional business consultants.
Your questions and data are protected with high security.
Our team is ready to assist you with quick responses.
