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Alteration of MOA
Memorandum of association is the charter of the company and defines the scope of its activities. Memorandum of association defines the relation of the company with the rights of the members of the company interest and also establishes the relationship of the company with the members. Company can alter its object clause by way of addition, deletion, modification, substitution, or in any other way.
Altertion in MOA happens after a special resolution is passed. Following are the five ways to change the moa of a company:-
- Alteration of Name in MOA
- Change of Registered Office: State to State
- Alteration of Objects Clause
- Alteration of Liability Clause
- Alteration of Capital Clause
It is mandatory to comply the provision of Act in each and every aspect. So, Tax return wala can help you in this regard.