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Companies registered under the Companies Act, 2015 generally have unrestricted objects. However, a company may choose to restrict its objects in its Articles of Association by passing a special resolution and notifying the Registrar using Form CR19 (Notice of Special/Ordinary Resolution).
The amendment to the objects is not effective until the form has been recorded by the Registrar. The company must file a copy of the amended articles within 14 days of the date the resolution was passed.
Companies registered under the Companies Act, 2015 generally have unrestricted objects. However, a company may choose to restrict its objects in its Articles of Association by passing a special resolution and notifying the Registrar using Form CR19 (Notice of Special/Ordinary Resolution).
The amendment to the objects is not effective until the form has been recorded by the Registrar. The company must file a copy of the amended articles within 14 days of the date the resolution was passed.