MOA Amendment

MOA Amendment

@3,499
Rs.
  • Inclusive Of Govt. Fees

    Change of the Main Object of Company

    The objects mentioned in the Memorandum of Association (MOA) of a company determine the purpose and range of activities of a company. After incorporation of a company, it may want to change object clause. This requires alteration in the MOA of the company. Company can alter its object clause by way of addition, deletion, modification, substitution, or in any other way, only if it wants. The change of the object of the company can be done by a special resolution and the Registrar shall register any alteration of the memorandum with respect to the objects of the company and certify the registration.

    Documents required for Change in MOA :

    1. Current Certificate of Incorporation
    2. MOA and AOA in Word Format
    3. List of Directors and Shareholders
    4. Proposed Main Object of the Company
    5. Digital Signature of the Authorized Director
    6. Letterheads (approx. 10) and rubber stamp of director

    MANDATORY REQUIREMENTS :

    1. No alteration made in Memorandum shall have any effect until it has been registered by the Registrar.
    2. No alteration shall be made effective until it has been approved by Members of the Company by way of Special Resolution.

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    FAQ'S

      • Every clause in a MOA can be alerted.
      • The object clause of a company is the third clause in a memorandum of association of any business stating the objects i.e., the business or purpose for the company’s incorporation and any other matter that is considered necessary in furtherance thereof.
      • The objectives of the object’s clause for a memorandum of association are as follows:
        It limits and explains the scope of a company’s operations.
      • It also provides details on the scope of activity that company will undertake and explains how capital provided by members will be used.
      • A company can change its capital clause by the passing of an ordinary resolution in a general meeting.
      • The MOA is a document that forms a company, and the AOA specifies how the company is run, owned and governed. The article of association includes the directors’ responsibilities and powers and how the members exert control over the board of directors.

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