Change in Objective of a Company or LLP refers to the process of altering the company’s main business activities as mentioned in its Memorandum of Association (MOA) or LLP Agreement. This is a common procedure for companies or LLPs expanding into new areas, diversifying, or restructuring their operations. The change requires approval from shareholders and filing the necessary forms with the Registrar of Companies (ROC).
To change the objectives of a Company or LLP, the following documents are required for ROC filing.
Shareholders' approval for changing the objectives of the company or LLP.
Amended Memorandum of Association or LLP Agreement reflecting new objectives.
Board meeting resolution approving the change in objectives.
Draft Special Resolution
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