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There are various situations under which MOA / AOA needs to be altered. A company has to call EGM and pass a special resolution to alter MOA / AOA in accordance with Section 13 of the Companies Act 2013.
Procedure for Change of Memorandum of Association:
17 March 2018 Hold the General meeting and pass the ordinary resolution for alteration of Share capital of the Company. File SH7 along with the following documents. Altered copy of MOA – the capital Clause Clause V needs to be altered. The Altered capital is replaced and pasted with new capital.
A Memorandum of Association (MoA) represents the charter of the company. It is a legal document prepared during the formation and registration process of a company to define its relationship with shareholders and it specifies the objectives for which the company has been formed.
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