Changing Objectives of Your Business
Changing of objectives of your Business
To change the goals or aims and objectives of your business, you need to amend the Memorandum of Association. The MoA contains the object clause. Now, this can be difficult to do, particularly if you're a young company looking to completely change the main objects. But if you follow the right methods, it can be done quickly.
For example, one mistake many companies make is to include several domains in the main objects. This will not be approved. For example, if you are in the software business, you can cover all software services in the main objects, but other services, such as design, should be included in ancillary or other objects of the company.
To get this approved quickly, you need to be very clear when you amend to objects clause of the Memorandum of Association.
- Add a Director
- Transfer of Shares (Indian)
-
Appointment of a Managing
Director - Add a Whole time Director
- Remove a Director
- Replace a Director
- Resignationn of a Director
- Add a Designated Partner
- Replace a Designated Partner
- Resignation of Partner
- Change Objectives of Your Business
- Change Official Address
- Change Company Name
- Change LLP Agreement
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