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Requirements During Amending Public Limited Company’s MOA
Board Meeting
A Board Meeting should be organized by the Limited Company to approve the MOA Amendment from the Board of Directors.
Shareholders’ Approval
Following the Board Meeting, the company’s shareholders should be addressed to get approval on the MOA Amendment by passing a special resolution.
Documentation of the Amended Memorandum of Association
Following the completion of the process, the amended MOA should be recorded in all the official documentation of the concerned organization.
How we work?
- Filling up the Form and Completing Payment
- Our Specialised CA Panel will calling you for details
- Upload the Documents & Details as requested over call
- The Expert will Prepare and ask for Your Approval for Amending the Limited Company’s MOA
- Filing of the Form MGT-14 to the ROC and processing for MOA Amendment
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FAQ
What is the MOA of a Section 8 Company?
MOA or Memorandum of Association works as the internal constitution of a Section 8 Company. It contains the AoA, the initial capital, Object Clause and is mandated to be filed in the time incorporation of the particular organization.
What is the MOA Amendment process?
In the Amendment process, the MOA of a Section 8 Company is modified or changed for reasons like changing the Name of the Company, change of the Registered Office, or alteration in the company’s objectives.
Which Act of the Indian Govt. oversees the MOA Amendment process?
The MOA Amendment procedure is regulated by the Companies Act, 2013 of the Indian Govt, along with the provisions of the Registrar of Companies ROC.
Can the Section 8 Company’s Director(s) approve the MOA Amendment process alone?
No. The Section 8 Company amending the MOA is required to pass a special resolution from both the Directors and the managing authority.
How much time does it take to complete the MOA Amendment process?
The ROC usually takes 10-15 days (subject to Ministry of Corporate Affairs) to approve the MOA Amendment procedure, the other parts like passing the resolution, arranging a board meeting depends on the particular organization.
Which types of companies need prior validation for MOA Amendment?
A few businesses like Banking, Mutual Fund, Insurance, Architecture are required to get prior validation for their MOA Amendment procedure.