MoA & AoA Amendments
Memorandum of Association (MoA) and Articles of Association (AoA) are two important documents that govern a company’s operations, including its purpose, powers, and rules. MoA outlines the company’s objectives and scope, whereas AoA defines its internal management structure, procedures and regulations.
Criteria
Conduct a board meeting to approve the proposed amendments.
Call for an Extraordinary General Meeting (EGM) and pass a special resolution to approve the amendments.
File the special resolution along with the amended MoA and AoA with the Registrar of Companies (RoC) within 30 days of passing the resolution.
Document Required
Board resolution approving the proposed amendments
Notice of Extraordinary General Meeting (EGM) along with an explanatory statement
Minutes of the EGM
Copy of the amended MoA and AoA
Time required
The amended MoA and AoA of a company must be filed with the Registrar of Companies (RoC) within 30 days of passing the special resolution to approve the amendments.
Why Choose
Xtraserve
Best CA Service in Bangalore
Unlock Business Potential Expert Financial Solutions for your financial growth with over 1000+ satisfied clients
Professional Team
One stop solution
Customer Support
At Xtraserve, we believe in transparency and effective communication, which is why we provide regular updates on the progress of our clients’ projects and keep them informed of any changes in the financial markets that may impact their investments.
Our team of financial professionals is highly trained, knowledgeable and dedicated to providing top-notch services to our clients. We are committed to maintaining the highest ethical standards and adhering to all industry regulations.
If you’re looking for a financial services company that is dedicated to helping you achieve your financial goals, look no further than Xtraserve. Contact us today to schedule a consultation and learn more about how we can help you. With our wide range of services and convenient office locations, we are confident in our ability to provide you with the best financial solutions for your needs.
FAQ
Memorandum of Association (MoA) and Articles of Association (AoA) are two important documents that govern a company’s operations, including its purpose, powers, and rules. MoA outlines the company’s objectives and scope, whereas AoA defines its internal management structure, procedures and regulations.
Yes, MoA and AoA can be amended by the shareholders of the company by passing a special resolution in a general meeting.
The procedure for amending MoA and AoA involves the following steps:
· Conduct a board meeting to approve the proposed amendments.
· Call for an Extraordinary General Meeting (EGM) and pass a special resolution to approve the amendments.
· File the special resolution along with the amended MoA and AoA with the Registrar of Companies (RoC) within 30 days of passing the resolution.
The amended MoA and AoA of a company must be filed with the Registrar of Companies (RoC) within 30 days of passing the special resolution to approve the amendments.
Yes, it is mandatory to hold an Extraordinary General Meeting (EGM) to pass a special resolution to amend the MoA and AoA.
The following documents are required to amend the MoA and AoA of a company:
· Board resolution approving the proposed amendments
· Notice of Extraordinary General Meeting (EGM) along with explanatory statement
· Minutes of the EGM
· Copy of the amended MoA and AoA
Yes, the amendment of MoA and AoA can be challenged in court by any member or creditor of the company if it is found to be ultra vires, i.e., beyond the scope of the company’s powers or objectives.
Yes, the amendment of MoA and AoA can affect the rights of existing shareholders. Therefore, it is important to obtain their consent before making any changes to the MoA and AoA.
Yes, a company can change its name while amending the MoA and AoA. The procedure for changing the name of a company is similar to that of amending the MoA and AoA.
The cost involved in amending the MoA and AoA of a company includes the fee for filing the special resolution and the amended documents with the Registrar of Companies (RoC). The fee varies depending on the authorized capital of the company.
Find us here
Registered Office
Bhubaneswar Office