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Why to change Business Objective?
A Company cannot carry on activities except provided in its MoA
To carry on new activities requisite procedure is required to be followed
Approval of RoC is required before carrying any different activity
Changes in demand by the consumers and competitive change
Vertical or horizontal expansion of the business activities
Inclusion of new project activities for the company
Changes in latest technologies prevailing and in relation to companies objective
Loss making activities to be removed from the main object of the company
The activities does not yield the interest as expected
When current activities of the company are now prohibited or banned by Government
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Expansion and growth of the business requires changes in current objective of the company. As Companies Act prohibits any company to engage in to any activity not included in the MoA of the Company, it is required to keep the Memorandum of Association (MoA) of the company updated. Changes in Business Objective i.e. object clause of the company requires a procedure to be followed as prescribed under the Act. LegalWiz.in is leading online service provider, experts of LW can help you to change the Object Clause of the MoA of Private Company as per your requirement at affordable prices with no hassle and quick turn-around time. At LegalWiz.in, we cater to customers who are looking for better, faster and affordable services. We guarantee highest quality standard backed by 100% customer satisfaction. Our team of expert Chartered Accountants, Company Secretaries and a network of qualified professionals take care of the procedure for change in Object Clause of the company in India as per the requirement of the client considering the provisions of Indian Companies Act, 2013. To change Business Objective, you need to spare only 10 minutes to provide details of the changes required in the original object clause. All you need to do is answer few simple questions and share documents related to company and rest will be taken care by the experienced team of LegalWiz.in. Experts on subject matter are available on call or via email to answer your queries. We also provide a full spectrum of Services including Change in Registered Office Address, Change of Company Name and other details, Accounting and Bookkeeping Services, GST Registration, Tax Registration and filings, Incorporation of Private Limited Company, Incorporation of Limited Liability Partnership, Trademark Registration, Copyright Registration, Personalized Legal Document Drafting and more. We offer services through an online model and a network of trusted affiliates across all major cities in India including Mumbai, Delhi, Ahmedabad, Rajkot, Surat, Pune, Bangalore, Hyderabad, Vadodara, Kolkata, Chennai, Noida, Gurgaon and others.