section 149(2A)

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Deepanshu Aggarwal

115 Points Joined March 2010

The listed Company proposes to amend the object clause of the company by inserting the other object in the main object clause of the Memorandum of Association under section 149 (2A) of the Companies Act, 1956.

For this please clarify whether resolution by Postal Ballot is required

Replies (1)

Ajay Mishra

Company Secretary

74352 Points Joined March 2009

Dear Friend

Yes, in case of listed company any changes in object clause of Memorandum of Association requires postal ballot route. Please read Rule 4 of Postal Ballot Rule, 2001.

Regards

CS Ajay Mishra