CorporateWalla logoCorporateWalla
All servicesObject Clause Changeहिन्दी

Changing Your Company’s Objects When the Business Pivots

Your company can only do what its memorandum permits. Pivot into something the objects clause does not cover and you are trading outside the memorandum, which becomes a problem the first time a bank, an investor or an acquirer reads the file.

3 to 4 weeks delivery
CA-led team
50% upfront, 50% on delivery

Talk to a CA

We call back in 30 minutes. No spam.

+91

ISO 27001 encrypted

4.8★ Google
ISO 27001 Certified
Trademark® Reg. 5857120
30-min callback

Transparent 3-tier pricing

Pick the speed and depth that matches your need. Same quality, same CA team — only the timeline changes.

starter

6,9999,999

Timeline: 3 to 4 weeks

Board resolution and EGM notice
Altered MOA drafting
Special resolution and minutes
MGT-14 filing within 30 days
NIC code update
GST amendment where activity changes
Articles alteration where needed
Licence and registration mapping
MOST POPULAR

standard

12,99917,999

Timeline: 3 to 4 weeks

Board resolution and EGM notice
Altered MOA drafting
Special resolution and minutes
MGT-14 filing within 30 days
NIC code update on the MCA record
GST amendment where activity changes
Articles alteration where needed
Licence and registration mapping

pro

24,99932,999

Timeline: 4 to 6 weeks

Everything in Growth
Articles alteration where they carry activity-specific provisions
Licence and registration mapping for the new activity
Bank and KYC update coordination
Sectoral approval assessment before the new activity starts
Registrar follow-through to registration
Section 13(8) assessment, where a prospectus was issued
Named CS on your file

Government fee — paid by you at actuals

The MGT-14 filing fee is ₹200 to ₹600 depending on your authorised capital slab, paid at actuals. Where MGT-14 is filed late, the additional fee escalates in multiples of the normal fee rather than at a daily rate, so the thirty-day deadline is worth meeting. Any stamp duty on the altered memorandum, and the fees on any consequential GST or licence amendment, are also paid at actuals.

Every price above is a professional fee, excluding GST and government charges. 50% on delivery.

All fees and charges listed are indicative only and do not constitute a binding offer. Final amounts may vary depending on the volume of work and the complexity involved.

How it works

Week 1

Board meeting

Approve the alteration and the draft altered MOA, fix the EGM date, and authorise the notice.

Week 1-4

EGM notice

Not less than 21 clear days, or shorter with member consent as prescribed, with an explanatory statement under Section 102.

Week 4

Special resolution

Passed at the general meeting, needing three-fourths of members voting.

Within 30 days

File MGT-14

With the certified resolution, the notice and explanatory statement, and the altered MOA. The Registrar then registers the alteration and it takes effect.

Get a free 15-min CA consultation

Tell us your requirement, a CA will call you in 30 minutes.

+91

ISO 27001 encrypted · No spam, ever

Documents required

Existing MOA and AOA
Proposed new object clauses, or a description of the new activity
Certificate of incorporation and company PAN
Details of members and their shareholding, for the special resolution
DSC of the authorised director
GST registration certificate, where the activity changes materially
Current NIC code on the MCA record
Any licence or sectoral registration the new activity will need

Why CorporateWalla®?

File within 30 days

The additional fee on a late MGT-14 escalates in multiples of the normal fee rather than a daily rate, and it gets expensive fast.

When founders hit this

A genuine pivot; a bank or NBFC wanting the activity in the MOA before sanctioning; investor diligence flagging the mismatch; a licence application needing the matching object; a tender requiring the activity; or the NIC code needing changing.

The follow-through is the actual work

Most providers file MGT-14 and stop. The NIC code, the GST registration, sectoral licences and the articles all may need to move with it, and that is where the real problem gets solved.

Trading outside the memorandum shows up later

It is rarely a problem on the day. It is a problem the first time a bank, an investor or an acquirer reads the file — which is always a worse moment.

Registrar approval is not required

The Registrar registers the alteration. Prior approval is not needed for an ordinary object change, which is why the timeline is driven mainly by the 21-day EGM notice.

Section 13(8) almost certainly does not apply to you

It adds conditions, including an exit offer to dissenting shareholders, where a company raised money from the public through a prospectus and still holds unutilised amounts. If you are a private limited company that has never issued a prospectus, it does not apply.

Frequently asked questions

A special resolution of members under Section 13, needing three-fourths of members voting.

Object Clause Change in major cities

Pan-India coverage — we serve 13+ Tier-1 cities and growing

Ready to get started?

A real CA will call you in 30 minutes. No bots, no call centers, no runaround.