MOA Amendment - Memorandum of Association - filingindia Professional

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What is MOA Amendment and Memorandum of Association? MOA is basically stands and mention by as (Memorandum of Association) and the MOA is secondary and inferior to the Companies Act. A Memorandum of Association (MOA) corresponds to and stands for the deed ad the agreements of the company, business, corporation, commerce and commences. It is an officially permitted, legal and lawful document and the article organized and arranged for the duration of or for the time period of the arrangement, development and registration or listing process and the progression of a company to define its relationship with shareholders and it specifies the objectives for which the company has been formed. 

A Company can alter its Memorandum by way of alteration in following clause of Memorandum of Association:

•Name Clause

•Object Clause

•Capital Clause

•Registered Office Clause

•Liability Clause

•Subscription Clause

Procedure for alteration in MOA Amendment of the company

Step 1: Hold meeting of Board of Director of the company.

Step 2: Issue Notice of General meeting

Step 3: Hold General meeting and pass special Resolution for alteration in MOA.

Step 4: Filing of E-Form with ROC along with prescribed fees.