The memorandum states the company’s name, state, objects and capital. Changing objects matters when you are entering a new line that the old main objects do not cover, and when a bank or a licence asks for it. Some object changes also need a shorter notice to dissenting shareholders or a registrar check. We draft the new clause narrowly so you are not describing a business you do not do.
Who this is for
- Companies adding a new business line
- Name or capital clause updates that alter the memorandum
Documents usually needed
- Current MOA
- Exact new activity
- DSC and shareholder list
How Digital Filings handles it
- Draft the altered clause.
- Pass the special resolution.
- File the alteration and deliver the updated MOA.
Timeline
Typically two to four weeks.
Questions people ask
Do we also amend GST?
If the new activity changes the nature of supplies, the GST registration details may need an amendment. We will flag it.
Official reference: MCA. Always confirm the live rule on that portal.