FincomIndia

Change Objectives of Business (MOA)

The aim of a business can change over time. This can happen in response to internal factors, such as business growth, or in response to external factors, such as an economic recession.
From Rs 1,999/- Inc. of all taxes

Object Clause is in the company’s memorandum of association which is created and filed with the Registrar of Companies, at the time of incorporation. Object clause specifies those objectives for which a company is registered in India. The company cannot do any other business which is not specified in the object clause of the memorandum of association. There can be instances where you may require to diversify your business or add a new business line to your main object clause.

As the object clause is a part of the memorandum of Association (MOA) of the company, hence any change in object clause requires alteration in the MOA. A company may, alter its MOA with the approval of shareholders in a general meeting by way of ordinary or special resolution as the case may be. Object Clause of MOA can be altered by way of a special resolution.

Salient Features of Change Objectives of Business (MOA)

Profitability

Maintaining profitability means making sure that revenue stays ahead of the costs of doing business, according to James Stephenson, writing for the "Entrepreneur" website. Focus on controlling costs in both production and operations while maintaining the profit margin on products sold.

Productivity

Employee training, equipment maintenance and new equipment purchases all go into company productivity. Your objective should be to provide all of the resources your employees need to remain as productive as possible.

Customer Service

Good customer service helps you retain clients and generate repeat revenue. Keeping your customers happy should be a primary objective of your organisation.

Employee Retention

Employee turnover costs you money in lost productivity and the costs associated with recruiting, which include employment advertising and paying placement agencies. Maintaining a productive and positive employee environment improves retention, according to the Dun and Bradstreet website.

Growth

Growth is planned based on historical data and future projections. Growth requires the careful use of company resources such as finances and personnel, according to Tim Berry, writing on the "Entrepreneur" website.

Marketing

Marketing is more than creating advertising and getting customer input on product changes. It is understanding consumer buying trends, being able to anticipate product distribution needs and developing business partnerships that help your organisation to improve market share.

Transparent And Competitive Pricing

BASIC STANDARD PREMIUM
Change Objectives of Business (MOA) (ROC Charges Extra)
All Other ROC Compliances
Complete Statuary Compliances
Rs. 2,500
Rs. 1,999
Inc. all taxes
Rs. 12,500
Rs. 9,999
Inc. all taxes
Rs. 30,000
Rs. 24,999
Inc. all taxes
Delivery Process

1. Order Confirmation

Once you confirm the order online one of our executives will get in touch with you to explain all the requirements. After the payment received from you, We will the do following procedure.

2. Submission Of Documents

We have a facility to pick up documents from your door step at more than 6000 Pin Codes across India. As soon as your documents are ready, we will pick it up from your door step at a date and time as per your convenience.

3. Applying for Certificate

We will prepare the Forms and Required Documents to be attached and forward you the same for attestation of Directors.Once we receive the Attested Documents we will upload the Forms on MCA Portal.Once Forms are filled we will intimate you and Forward you the Forms along With ROC Challans via mail for your record.

4. Hurray......It's Done

You will get certification from the Government after the approval as well as you will receive the confirmation email with our dedicated team member details Instantly on your email to start your work.

Frequently Asked Questions
Any alteration of MOA with respect to the objects of the company is permitted through Special Resolution.
The object clause of the Memorandum of the company contains the object for which the company is formed. An act of the company must not be beyond the objects clause, otherwise it will be ultra-virus and, therefore, void and cannot be ratified even if all the members wish to ratify it. This is called the doctrine of ultra virus.
Conduct ExtraordinaryGeneral Meeting with objective to alter MOA Notice of EGM Certified true copy of Special Resolution(We can provide you an editable format of a Special Resolution) Certified Copy of Board Resolution(We can provide you an editable format of a Board Resolution) Altered MOA.
Generally a Memorandum of Association includes following clauses: 1. Name Clause 2. Registered Office Clause 3. Object Clause 4. Association Clause 5. Capital Clause 6. Liability Clause.
Company needs to file altered memorandum not new memorandum. Memorandum is filed only with altered clauses.
Certificate of Commencement provided once the Certificate of Incorporation is obtained. For a public company it is mandatory to obtain such certificate, without this certificate it cannot commence its business. In case of a provate company there is no such requirement.
Notice of every change in the registered office of the company is to be filed with the ROC in form INC-22 within 15 days of such change.
Certificate of Incorporation is a certificate which sanctions the existence of the companies once the registrar scrutinises all the documents and makes required changes in AOA and MOA. Certificate of incorporation is given to both Public and Private Companies.
The company first needs to check the availability of name then file a form to change name of the company. Finally, company needs to file application for approval of Central Government for change of name to give effect to change in name.
On receipt of the name approval letter from the ROC the MOA and the AOA are required to be drafted. The MOA states the main, ancillary / subsidiary and other objects of the proposed company. The AOA contains the rules and procedures for the routine conduct of the proposed company. It also states the authorized share capital of the proposed company and the names of its first / permanent directors. After the MOA and AOA are required to be stamped. A stamp duty is required to be paid on the MOA and on the AOA. The stamp duty depends on the authorised share capital.

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FinComIndia has capability to serve at your door step at more than 6000 Pin Codes across. You have the opportunity to avail our world class services sitting at your home or office itself. This service is free of cost for all the customers. We practically cover the whole of India. Kindly check in the box above for availability of door step services in your city.

Reasons to choose FinComIndia?

PROFESSIONAL EXPERTISE

FinComIndia has a team consisting of more than 75 experts of varied domains which enables us to deliver high quality of services. All our staff is well trained and regularly updated with all relevant statutory changes.

DOOR STEP SERVICES

We pick up all the required documents right from your door step at your preferred time and date and also deliver back the original documents / certificates to your address.

NATION WIDE REACH

We have capability of providing our services across more than 6000 Pin Codes in India. This makes us the front runner in Nation wide reach.

BEST PRICE

We are upfront with our pricing with no hidden fees, Also lowest pricing through automation and technology.

Money Back Guarantee

If you are not satisfied with our work, we will refund the money after deducting the statutory fees paid and other administrative charges.

100% Customer Satisfaction

With our quality of services and professional expertise, we guarantee 100% customer satisfaction.

Giving Back to the Society

In our endeavour to give back to the society, we donate 1% of our profits to various charitable and environmental causes.