Change in business nature / MOA

Hii all,

A company registered in Delhi engaged in the business of auto parts , last month the company started a GYM in Delhi on rented premises .

Pls tell me ....Is there any need for alterations in MOA ..??
Replies (3)
Quick Summary
A Delhi-based company, originally registered for auto parts, has recently opened a gym on rented premises. The core question is whether an alteration to the company's Memorandum of Association (MOA) is necessary. If the new gym business activity is not already covered within the existing object clause of the MOA, then an amendment will be required.

If such kind of business objectives are not covered then it is yes
If such activity is not included in the object clause of the company and the company has opened the GYM as a part of its business activity, then Alteration in the MOA is required
Thanks

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details