🧾 What is a Business Activity Change?

Every company is formed with a defined set of business activities, known as the object clause in its Memorandum of Association (MOA).

When a company wants to:

  • Enter a new line of business
  • Discontinue existing activities
  • Or update its objects for funding, tenders, or partnerships

It must legally amend its MOA and file Form MGT-14 with the Registrar of Companies (ROC).

This change requires:

  • Board Resolution
  • Shareholder’s Special Resolution
  • Approval from ROC

✅ Who Needs This Filing?

  • Companies diversifying or adding new business lines
  • Startups updating activities for compliance or fundraising
  • Businesses modifying objects for project-specific work
  • Firms bidding in tenders requiring specific object clauses

📑 Documents Required

  • Current MOA and AOA
  • Proposed new object clause
  • Board Resolution
  • Shareholders’ Special Resolution
  • Digital Signature (DSC) of Director
  • Company PAN and Incorporation Certificate
  • Notice and minutes of General Meeting

🛠️ Services Included

  • Drafting of Board and Shareholder Resolutions
  • Preparation of revised MOA (object clause)
  • EGM notice and minutes (if required)
  • Filing of Form MGT-14 with MCA
  • MCA acknowledgement and updates
  • Support in defining object codes (as per NIC classification)

📋 Timeline

Task Timeline
Document Drafting 1–2 Working Days
General Meeting & Resolution Same Day to 2 Days
ROC Filing & Approval 3–5 Working Days

💡 Why Choose SITPakz Solution (SSPL)?

  • ✅ Expert support in MOA amendment
  • 📑 Resolutions and meeting documents drafted
  • 🔐 DSC submission and MCA filing
  • 💼 Suitable for startup pivots or expansion
  • 🧾 Accurate ROC documentation and follow-up

💬 Frequently Asked Questions (FAQs)

Q. Can I change business activity without amending MOA?
➡️ No. All object changes must reflect in the MOA and be filed with ROC.

Q. Is shareholder approval necessary?
➡️ Yes. A special resolution is mandatory.

Q. What if I don’t update the activity and continue the business?
➡️ It’s considered a compliance violation and may affect audits, funding, and tenders.

Q. Can I have multiple business activities?
➡️ Yes, provided they are all listed under the MOA’s object clause.