Change in MOA of Company

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Change in MOA of Company

A company's Memorandum of Association (MOA) outlines the objectives, powers, and scope of the company's activities. It is a crucial document that sets the foundation for the company's operations and governs its activities. However, companies may need to change their MOA at some point in time due to various reasons.

Changing the MOA of a company can have significant implications for the business. It can allow the company to expand its operations, enter new markets, or pursue new opportunities. However, it is important to ensure that the proposed changes are in line with the legal requirements and do not violate any laws or regulations. Seeking the advice of legal professionals can help companies navigate the process smoothly and avoid any legal complications.

Documents Required

Updated drafted MOA

Form Filing MGT 14

Challan of Filled form MGT 14

What You Will Get

Resolution Passed in Company's Meeting

Description of Changes to be made in MOA

Previous MOA before changes

The process of changing the MOA of a company is governed by the Companies Act, 2013, and the rules laid down by the Registrar of Companies (ROC). The ROC is responsible for ensuring compliance with the provisions of the Act and approving any changes made to the MOA.

To change the MOA, the company must pass a special resolution at a General Meeting of the shareholders. The proposed changes must be communicated to the ROC within 30 days of passing the resolution. The ROC will review the proposed changes and if they are satisfied, they will approve the changes and issue a new Certificate of Incorporation reflecting the updated MOA

Frequently Asked Question

Is there any requirement of change in MOA while changing director?

No. Director can be changed through DIR 3, DIR 11 and DIR 12. Click here to know the process.

Why would a company need to change its MOA?

A company may need to change its MOA if it wants to expand its operations, enter new markets, or pursue new opportunities or change in company's objectives and legal or regulatory environment

How long does it take to change the MOA of a company?

The time it takes to change the MOA of a company depends on the complexity of the changes and the responsiveness of the ROC. Typically, it takes 2-4 weeks for the ROC to approve the changes and issue a new Certificate of Incorporation.

What are the legal implications of changing the MOA of a company?

Changing the MOA of a company can have legal implications, and companies must ensure that the proposed changes comply with the legal requirements and do not violate any laws or regulations

How AMpuesto can help me in changing MOA of my Company?

At AMpuesto, we'll help you in changing your MOA of your Company hassle free and that too with time deadline and very cost effective. Contact us to book now