The Memorandum of Association of a company must be changed whenever there are changes to the object, situation or capital or liability of a company. Access Filings offers an easy process for effecting Memorandum of Association amendment from Rs.7899/-
Rs.7899/-All inclusive fees
MOA amendment for a private limited company..
All inclusive fees
MOA amendment for a limited company..
All inclusive fees
MOA amendment for a Section 8 company..
1. Name Clause: It contains name of the company. The name must contain the last word 'Limited' in case of limited companies and the last words 'Private Limited' in case of private limited company. The Companies Act, 2013 states that a Company should not be registered with an undesirable name.
2. Object Clause: It contains business activities of the Companywhether the company engages in all those activities or not. The Company is not permitted the do the business activity which is not mentioned in the Object Clause. It would be considered ultra-vires, i.e. beyond the powers of the company.
3. State Clause: The Memorandum of Association must mention the State in which the registered office of the company will be situated. The domicile of the company must be stated for determination of jurisdiction of Court, tax authorities and ROC.
4. Liability Clause: The Memorandum of Association must state whether the company is limited by shares or by guarantee. Also, the Memorandum of Association must state that the liability of its members is limited or otherwise.
5. Capital Clause: The Memorandum of Association of a company having share capital is required to show the amount of share capital with which the company is going to be registered, and the division therefor into shares of fixed value. It can be increased at any time by following due procedure of law.
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