Change Your Business Objectives

  • With BBC, you can amend your company’s goals in your MoA easily and quickly!
  • Get the process started at just ₹99/- and pay the rest conveniently after processing begins.

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Overview
Changing Company Name & Objectives

As your company grows and evolves, it is normal that you want to take your company in a direction that you didn’t anticipate before. When you change the objectives of business, it is necessary to make it official by amending the memorandum of association (MoA) and fulfilling other formalities for the same.

Blue Box Compliance's service can make this whole process easy for you and pave the way for a comfortable transition into a new phase for your business.

Why Change Business Objectives?

  • Undertaking New Ventures
  • Company Takeover
  • Eliminate Abandoned Activities
  • Banned or Prohibited Activities
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Change Your Business Objectives

The company objective stated in the MoA restrict the scope within which a business can act.

Process for Changing the Company Objectives

To get these company objectives changed, you will need to follow the five steps:

  • Step 1: Board Resolution
  • Step 2: Special Resolution in EGM
  • Step 3: File form MGT-14 with RoC
  • Step 4: Issuance of Fresh Certificate of Incorporation
  • Step 5: Incorporation of the MoA Object Clauses

Documents Required to Set up Main Objectives of Business

  • Notice regarding EGM
  • Attested true copy of the special resolution
  • Minutes of the board meeting and EGM
  • Altered MoA
  • A certified true copy of the board resolution (optional)
  • ID proof of all the directors of the company
  • Address proof of all the directors of the company
  • Attendance sheet or register of board meetings and general meetings

Why Blue Box Compliance?

Here is why you should choose Blue Box compliance for changing the objects of your company:

  • Simple and speedy process
  • Experts will guide you in deciding what to add under main and ancillary objectives of company.
  • A resolution drafted and forms filled & filed for you
  • We will make the amendments to your MoA
  • You get the best support
  • All your queries will be answered

Have a question? Check out the FAQ

Change Your Business Objectives

What is the memorandum of association?

A memorandum of association (MoA) is a legal document that defines a company’s relationship with shareholders and specifies the objectives for which the company has been formed. It is like the company's charter and is prepared when the company is created.

What are articles of association of a company?

Articles of association (AoA) is a legal document that talks about the company's internal management and aims at carrying out the objectives as mentioned in the memorandum.

When will the changes made to the object come into effect?

The changes made to the objectives of a firm will be effective only after the company registrar accepts and acknowledges the application. After the acknowledgement is received, the company has the right to carry on the updated activities.

What is a business objective?

Business objectives are the clear, quantifiable outcomes that organisations seek to retain as they expand. Analysing, evaluating, and comprehending where you are now and where you want to be in the future are required.

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