Change in MOA & AOA

A company's Memorandum of Association (MOA) and Articles of Association (AOA) are crucial documents that outline its structure, objectives, and operational guidelines. Any alteration in these documents reflects significant changes within the company. Whether it's adjusting the company's objectives, modifying its share structure, or amending internal rules and regulations, changes in MOA and AOA require careful consideration and legal compliance. Easypaytax specializes in navigating these complexities.

Compliances for Alteration of MoA and AoA

A company planning to alter its MoA (Memorandum of Association) and AoA (Articles of Association) must adhere to the compliances and provisions outlined in the Companies Act, 2013. The Alteration of MoA and AoA for a private limited company or any other company type necessitates various procedures. Easypaytax provides a complete guide to change the MOA and AOA of a company, with steps mentioned below.

MOA and AOA are paramount documents for any company, including Private Limited companies, Section 8 companies, public limited companies, limited liability partnerships, or any other type. The provisions for changing the MOA and AOA are largely consistent across all company types.

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Compliances for Alteration of MoA and AoA

It must be asserted that changing the AOA and MOA of any company requires various legal processes and procedures to be followed. A proper process must be followed to change the AOA and MOA of a company which includes conducting board meetings and shareholder meetings and taking approval from most of the stakeholders and then filing necessary forms attaching the updated AOA and MOA. Easypaytax ensures you navigate these compliances and processes seamlessly.

In case you need any assistance in alteration of MOA and AOA of a company, just contact our Team at Easypaytax to make the process easier for you.

Alteration of MOA( Memorandum of Association)

With Easypaytax Support The changes to the MOA (Memorandum of Association) constitute a very intricate process and it requires professional aid for the amendment process of MOA in any company. Easypaytax provides comprehensive support for the alteration of MoA in a company, as outlined below.

Compliances for Alteration of MoA in a company

Follow the below-mentioned steps and compliances for changing the Memorandum of Association (MoA) in a company with Easypaytax’s assistance.

  • Step-1: The notice for the Board Meeting must be released at least 7 days prior to the date of Board Meeting for change in MOA.
  • Step-2: Hold a Board Meeting for alteration of MoA and pass a resolution unanimously, subject to the approval from the shareholders also.
  • Step-3: Select the date, time, and venue for the shareholder meeting, and a person must be authorized to send the notices to the shareholders for the meeting.
  • Step-4: The notice to the shareholders must be sent at least 21 days prior to the Board Meeting date.
  • Step-5: Hold the shareholder meeting and take approval from the majority of the shareholders to pass the resolution for changing the MOA of the company.
  • Step-6: Submit Form MGT-14, along with the copy of the passed resolution, updated copy of Memorandum of Association, and any other relevant documents within 30 days of passing the resolution for amendment of MOA of the company.

Alteration of AOA( Articles of Association)

Simplified by Easypaytax All the important rules and regulations of the company are detailed in the Articles of Association (AoA) of the company. It is a crucial document for the company as it contains all the information regarding the internal management of the company. Any alteration in the AOA of the company requires prior approval from the board members and shareholders and passing the resolution for change in AOA of the company.

Compliances for Alteration of AoA in a company

There are several compliances to be followed for Alteration of AoA in a company. To change the AOA of a company, follow the steps below with Easypaytax’s support:

  • Step-1: The notice for the Board Meeting must be released at least 7 days prior to the date of the Meeting for alteration in AOA.
  • Step-2: Hold a Board Meeting for alteration of AoA and pass a resolution unanimously, which is also subject to the approval from the shareholders.
  • Step-3: Select the Date, Time, and Venue for the shareholder meeting, and a person must be authorized to send the notices to the shareholders for the meeting.
  • Step-4: The notice to the shareholders must be sent at least 21 days prior to the actual Board Meeting date.
  • Step-5: Hold the shareholder meeting and get approval from the majority of the shareholders to pass the resolution for changing the AOA of the company.
  • Step-6: Submit Form MGT-14, along with the copy of the passed resolution, updated copy of Articles of Association, and any other relevant documents within 30 days of passing the resolution for amendment of AOA of the company.

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