“RESOLVED THAT pursuant to the provisions of Section 13 and other applicable provisions, if any, of the Companies Act, 2013, read with the applicable Rules framed thereunder (including any enactment(s), re-enactment(s) or statutory modification(s) thereof for the time being in force), consent of the members be and is hereby accorded to alter the object clause of the Memorandum of Association of the company by inserting the following sub-clause______ immediately after the existing sub-clause____.
(…) ______________
RESOLVED FURTHER THAT Mr……., Director of the Company be and is hereby authorised to do all such acts, deeds, matters and things as may be deemed proper, necessary or expedient, including but not limited to filing of necessary e-forms for the purpose of giving effect to this resolution and for matters connected therewith or incidental thereto.”
Explanatory Statement pursuant to Section 102 of the Companies Act, 2013
At present your company is engaged in the activities of __________. Your company has sufficient resources for diversification. In order to diversify its activities your company would like to enter into ___________ activities. The proposed activities can be carried on efficiently and advantageously along with the present activities of the company. As the proposed activities are not covered under the existing object clause of the Memorandum of Association of the company, there is need to alter the object clause of the Memorandum of Association.
Pursuant to Section 13 and all other applicable provisions, if any, of the Companies Act, 2013 approval of the members of the company is required for alteration of memorandum of association of the company.
The proposed resolution is in the interest of the company and your directors recommend the same for your approval.
A copy of the existing and proposed set of Memorandum of Association would be available for inspection for the Members at the Registered Office of the Company during the business hours on any working day till the date of Extra Ordinary General Meeting and copies thereof shall also be made available for inspection at the Extra Ordinary General Meeting.
None of the Directors and their relatives are concerned or interested in the proposed resolution.