Moving into a new line of business? Your Memorandum has to allow it first. KNAP Advisory alters your object clause cleanly so your new activity is fully authorised.
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A company can only carry on the business activities listed in the object clause of its Memorandum of Association. When you want to start something new — a fresh service line, a different industry, or an additional activity — the Memorandum must be amended first, or the new business sits outside what the company is legally authorised to do.
The change is made by passing a special resolution of the shareholders and filing Form MGT-14 with the Registrar within the prescribed time. KNAP Advisory drafts the resolution, prepares the amended Memorandum and handles the filing end to end so your expansion stands on solid legal ground.
Add activities so you can lawfully expand your business.
Operate only within authorised objects, free of risk.
Many tenders and banks check your stated objects.
Investors prefer a Memorandum aligned to your plans.
Build room for activities you plan to add later.
An accurate, current Memorandum on the MCA record.
We word the revised object clause to cover your plans.
We prepare notices and resolutions for the meetings.
We file the special resolution with the Registrar.
You receive the amended Memorandum on record.
Object clauses worded to cover today and tomorrow.
MGT-14 filed within the statutory window.
From resolution to updated Memorandum.
Alter the object clause of the Memorandum by passing a special resolution and filing Form MGT-14 with the Registrar within the prescribed time.
It is the part of the Memorandum of Association that defines the business activities the company is authorised to carry on.
Usually to start a new line of business, expand into a new activity, or drop one that is no longer relevant.
Form MGT-14 is filed with the Registrar after the special resolution altering the object clause is passed.
Yes. By amending the object clause through a special resolution, the new activity becomes authorised under the Memorandum.
Share your details and we’ll call you back the same day with a clear, no-obligation plan.
Phone: +91 93119 72982
Email: hello@knapadvisory.com
Talk to KNAP Advisory and get started today.