When specifically speakme about the company, the commercial enterprise targets are described in the principal object clause of MoA. These goals outline the scope of the company’s important commercial enterprise things to do inside which it may also operate. A enterprise can’t undertake these activities, which are now not prescribed in its object clause.

With purpose of growth or strategic changes, a corporation can also require to undertake new things to do or replace enterprise endeavor in MoA. This alternate in object clause of MoA is viable after consent of shareholders and the approval from Ministry.

Why change the business objective?

    New Activities to be undertaken

    Takeover of the company

    Remove abandoned activities

    Current activities are banned or prohibited

Documents required to change Object clause of MoA

MoA & AoA

Digital Signature Certificate

Detail of change