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Can object clause be altered?
Ever clause on the MOA can be altered (except capital clause which requires an ordinary resolution to be passed) by passing a special resolution as mentioned in section 13. We cover the basic process to change the object clause of MOA of a company as per Companies Act 2013.
How do you amend an object clause?
Hold the Board Meeting. Send the notice of 7 days to hold the Board Meeting to discuss the following agenda: Conduct EGG. Take the approval of shareholders by a special resolution passed in duly conducted EGG. ROC Filling. Approval by ROC.
How do you change an object clause?
Hold the Board Meeting. Send the notice of 7 days to hold the Board Meeting to discuss the following agenda: Conduct EGG. Take the approval of shareholders by a special resolution passed in duly conducted EGG. ROC Filling. Approval by ROC.
How do I amend my MOA?
Change in the name of the Company. Change of registered office of the Company. Change in Object Clause of the company. Change in authorized capital of the company. Change in the liability of the members of the company.
How do I change the object clause of section 8?
Yes, the objects of Section 8 Company can be altered by taking shareholders' approval and approval of Registrar of Companies in terms of Section 8.
What is an object clause?
An objects' clause is a provision in a company's constitution stating the purpose and range of activities for which the company is carried on. In UK company law, until reforms enacted in the Companies Act 1989 and the Companies Act 2006, an objects' clause circumscribed the capacity, or power, of a company to act.
Can subscription clause be altered?
The company can alter is subscription clause to make the liability of the directors appointed after the alteration as unlimited.
How can the name clause be altered?
Alteration in the name clause can be effected in the following ways: (i) A company can change its name at any time in the course of its business by (a) passing a special resolution, and (b) obtaining the approval of the Central Government in writing to the change.
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