| Step Name | Short Description | Authority |
|---|---|---|
| Board Resolution | Approval of the new objects and authorizing the convening of an EGM. | Board of Directors |
| EGM Notice | Issuing a 21-day clear notice to all members, directors, and auditors. | Company Secretary/Director |
| Special Resolution | Approval of the object clause alteration by 75% majority. | Shareholders |
| Postal Ballot | Mandatory only if the company has unutilized funds from a public issue. | Shareholders |
| Form Name | Trigger/Description | Countdown Deadline |
|---|---|---|
| MGT-14 | Filing the Special Resolution for alteration of the MoA (Section 13). | 30 Days from EGM |
| INC-24 | Required only if the company name is also changing to suit the new objects. | 60 Days from Name Approval |
| Master Data Update | The ROC updates the company's business category on the MCA portal. | Post-MGT-14 Approval |
No, any activity outside the current MoA is "Ultra Vires" and the company cannot legally enter into contracts for it.
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