MOA Amendment

Changes to MOA of company with license centre

In order to change the objectives of the company, it need to amend the memorandum of association (MOA). It can be done through special resolution during the shareholders meeting. changes to MOA is a difficult and extensive action. Therefore, a clear professional care should be taken during the proceedings.

Modification of name in MOA.

The change of the company name would need a modification to the MOA by passing a special resolution during the shareholder meeting. If any changes to the authorization of Central Government. For any other cases the permission authorization of Central Government would be necessary.

During the time of company registration with the name that has a similarity to a name of an active company, the central Government might tell you to modify the name. For this ordinary resolution is satisfactory.

Registered change of office from state to state.

For the registered office that has to be changed from one state to another state a special resolution has to be sanctioned from the company law board has to be obtained by the company.

The modified memorandum should be filed along with the registrar of the state in which the company is changing and also file with the registrar of the state in which company is transferred. On sanction of the ROC, changes should be put together in the MOA of the company to show the new state in which the registered office is located.

Modification of objects clause.

Modification to the object clause of a private limited company can be affected conveniently without problems. In the case when the company has set up money from the public will need a special resolution. After that the special resolution is needed to be published in a newspaper including both English language and local language in which the company is situated. other relevant information should also be published on the company's website,
if any along with the authorization for change in the company's objects.

All the differing shareholders should be given a chance to leave by the promoters and shareholders having the control of the company. This chance must be provided with the rule defined by the SEBI.

Modification of liability clause.

In order to make the liability of the directors illimitable, the liability clause can be modified. In case if the liability of the shareholders cannot be made illimitable, it can be changed by passing a special resolution. Within the period of 30 days a copy of your special resolution must be filed within the registrar.

Modification of capital clause.

Capital clause of s company can be modified by passing of an ordinary resolution during the time of a general Meeting. These modifications may correlate to the subdivision of shares, conversion of shares in stock consolidation of the shares and cancellation of unsubscribed capital.

Authorized capital modifications.

A company's issue of share does not exceed the amount of authorized capital. Therefore, a company have to rise the capital and make alterations to the Memorandum of Association of company.