In case of alteration in object clause, if there is any change in the industrial activity of the company then we can only we can change NIC Code.
The industry code or National Industrial Classification (NIC) code of a company is usually mentioned in the incorporation documents and the Registrar of Companies (ROC) records. If a company wants to change its NIC code, it can be done by updating the ROC records through the e-filing portal of the Ministry of Corporate Affairs (MCA).
However, changing the NIC code of a company may require an alteration in the Memorandum of Association (MOA) of the company. The MOA of a company contains details about the company's objects and activities, and any change in the company's objects or activities would require an alteration in the MOA.
If the change in the NIC code does not affect the company's objects or activities as mentioned in the MOA, then it may be possible to change the NIC code without any alteration in the MOA. In such a case, the company may have to provide appropriate reasons and supporting documents for the change in the NIC code while updating the ROC records.
The appointment of a director who is a resident or citizen of China to a company's board of directors typically involves several steps and considerations, depending on the jurisdiction and the specific company's requirements including DIN Clearance from MHA.
As per the Companies (Appointment and Qualification of Directors) Rules, 2014, individuals who are citizens of the aforementioned neighboring countries require approval from the Ministry of Home Affairs (MHA) before they can obtain a DIN and become directors in Indian companies.
Does the login has to be created for foreign national??
Recent Amendment in Companies ( appointment and qualifications) Rules by ministry of corporate affairs.How to get security clearance by MHA ?
As per , Notification dated 01st June 2022
I have submitted a security clearance application on behalf of an individual through the portal.
However, the status still indicates that the application is 'submitted.' Is there a specific time limit for approval, and if not, where can I raise a complaint or seek assistance in this matter?
Is there an authority or physical location where I can visit with the required documents to expedite the approval process?
I the director is of Taiwanese origion, will it be mandatory for getting security clearance
Please confirm after filing of an Application how to track approval on https://esahajmcaservices.nic.in/
How to verify for Directors Disqualification under Sec 164(2), vacation under Sec 167
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Dear Folk,
No we can not changea as per my view.