The main object change means amending the MOA of the company. All you have to do is to convene an EGM and take the approval of the 75% shareholders and file the special resolution along with amended MOA in MGT-14.
The Rights issue is like an invitation for current shareholders to buy new shares based on the number of shares they already own.
The authorized capital of a company denotes the maximum threshold for issuing shares. The process of increasing the authorised capital involves the approval of shareholders in EGM accompanied by the payment of fees to the Registrar of Companies (ROC) and fulfillment of stamp duty obligations.
An alteration to the contribution in an LLP involves increasing the capital of each partner. The terms and amounts of contribution in the LLP are stipulated by the LLP agreement, and any adjustment to the contribution amount necessitates a modification to the LLP agreement.
LLP partners have the flexibility to alter their profit-sharing ratios either by transferring both the liability to contribute to the capital and the profit share rights among themselves or solely by adjusting the profit share rights, without necessitating changes to the partners’ contributions.
The removal of an LLP partner necessitates the submission of Form 4 to the ROC for updating the records with accurate details. Since the partner’s removal involves changes to the LLP Agreement, Form 3 is concurrently filed along with the updated LLP Agreement.
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