Change in main object clause of private company


This query is : Resolved 

(Querist)
01 June 2013 Currently the company is a Investment company and intends to go in the business of import/export and trading of security equipment, which are not there in the main or other objects of the company. Can the company continue under the same name suppose the name is XYZ INVESTMENT PRIVATE LIMITED or they need to change the name also alongwith the main objects? Suggest the full procedure for the same.
Also how many main objects can a company insert if it intends to do multiple business?

Sanket (Expert)
01 June 2013 Hi,
Please note for change in objects clause, ROC insist that the name should be also changed as the name should be reflective of the activity. Similarly, whenyou go for name change, they also seek to change the objects. The entire object clauses could be changed or new clauses could be added
For change in objects, the following are the steps if the new objects do not upset your name
1. Hold Board meeting for approval of changed object and for notice for holding AGM and authorise one director or secretary to deal with RoC in this regard
2. Hold the general meeting and pass the special resolution
3. File form 23 with ROC with amended MoA
4. Get the form registered and get a certificate for registration

Sanket (Expert)
01 June 2013 Hi,
Please note for change in objects clause, ROC insist that the name should be also changed as the name should be reflective of the activity. Similarly, whenyou go for name change, they also seek to change the objects. The entire object clauses could be changed or new clauses could be added
For change in objects, the following are the steps if the new objects do not upset your name
1. Hold Board meeting for approval of changed object and for notice for holding AGM and authorise one director or secretary to deal with RoC in this regard
2. Hold the general meeting and pass the special resolution
3. File form 23 with ROC with amended MoA
4. Get the form registered and get a certificate for registration

Sanket (Expert)
01 June 2013 Hi,
Please note for change in objects clause, ROC insist that the name should be also changed as the name should be reflective of the activity. Similarly, whenyou go for name change, they also seek to change the objects. The entire object clauses could be changed or new clauses could be added
For change in objects, the following are the steps if the new objects do not upset your name
1. Hold Board meeting for approval of changed object and for notice for holding AGM and authorise one director or secretary to deal with RoC in this regard
2. Hold the general meeting and pass the special resolution
3. File form 23 with ROC with amended MoA
4. Get the form registered and get a certificate for registration


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details
Company
Featured 07 November 2026
Chartered Accountant

DPV & Associates

Chennai

CA

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
30 October 2026
Asst Manager Accounts

Goodwin Pumps India Pvt Ltd

Chengalpattu

CA Inter

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details