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G K B & Associates
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0120-3130570
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Amendment of Main Objects

At G K B & Associates, we're with you every step of the way—from drafting your new Main Objects right through to getting the thumbs-up from shareholders and the Ministry of Corporate Affairs (MCA). We make sure your business expansion goes smoothly, stays compliant, and is set up for success in the future.

Benefits of Amending the Main Objects

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    Expand Business Opportunities – Legally start new ventures or service lines.
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    Stay Competitive – Add innovative activities in line with market trends.
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    Remove Outdated Clauses – Keep the MoA relevant to current operations.
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    Attract Investors – Show flexibility and readiness for future growth.
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    Ensure MCA Compliance – Avoid penalties for operating beyond approved scope.

    • Documents Needed for Amendment of Main Objects

    From the Company:
    • 1. Certificate of Incorporation
    • 2. Current Memorandum of Association (MoA) & Articles of Association (AoA)
    • 3. Board Resolution approving the proposed amendment
    • 4. Notice of Extraordinary General Meeting (EGM)
    • 5. Shareholders’ Special Resolution for amendment
    • 6. Updated MoA reflecting the new Main Objects
    Other Requirements:
    • 1. Digital Signature Certificate (DSC) of an authorized signatory
    • 2. Director Identification Number (DIN) of signing directors
    • 3. Proof of payment of MCA filing fees and stamp duty

    Our Process

    01
    Understanding Your Needs & Drafting Changes

    We review your new business objectives, examine your current Main Objects, and draft the required updates for your MoA.

    02
    Gaining Board and Shareholder Support

    We prepare the Board Resolution and organize the EGM to get the Special Resolution passed smoothly.

    03
    Official Filing and Follow-Up

    We file Form MGT-14 with the MCA along with updated MoA and resolutions, and guide you on post-approval compliance.

    When You Must Amend Main Objects

    • 1. Entering a new sector or business area
    • 2. Adding new services/products to the portfolio
    • 3. Changing the primary line of business
    • 4. Removing activities no longer pursued

    Legal Basis

    Governed by Section 13 of the Companies Act, 2013. Requires passing a Special Resolution and MCA approval.

    Timeframe: Typically 5–10 working days after shareholder approval.

    Frequently Asked Questions

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    Amendment of main objects refers to modifying or expanding the business activities listed in a company’s Memorandum of Association (MOA) to legally undertake new ventures or diversify operations.
    A company must amend its main objects if it plans to start a new line of business, expand into different sectors, comply with investor requirements, or restructure operations. Without amendment, the company cannot legally operate outside its original scope.
    The process includes:
    • Convening a Board Meeting
    • Holding an Extraordinary General Meeting (EGM)
    • Passing a Special Resolution by shareholders
    • Filing Form MGT-7 and MGT-14 with the Registrar of Companies (ROC)
    • Updating the MOA with new objects
    Key documents include:
    • Notice and agenda of board/EGM meetings
    • Certified copy of special resolution
    • Altered MOA
    • Filing forms with ROC
    Yes. The amendment becomes effective only after filing with the Registrar of Companies (ROC) and getting approval under the Companies Act, 2013.
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