Update your company's constitution to match your plans.
The Memorandum of Association (MOA) and Articles of Association (AOA) are the constitutional documents of a company — the MOA defines its objects, capital and scope, while the AOA sets out its internal rules of governance. Companies amend these documents to add new business objects, change the capital structure, alter shareholder rights, adopt new governance provisions, or convert from private to public and vice versa. Most amendments require a special resolution passed by shareholders and filing of Form MGT-14 with the MCA, and certain changes (such as objects or capital) have their own specific procedures. Correct amendments keep your company legally empowered to pursue new activities.
Companies adding objects, changing capital, or updating governance rules.
Timelines and government fees are indicative and subject to processing by the relevant authority. Approval and its timing are decided by the authority and cannot be guaranteed.
A special resolution passed by at least 75% of voting members is generally required.
Form MGT-14 is filed with the MCA within 30 days of the resolution.
Yes, by amending the objects clause of the MOA through a special resolution.
Tax Guider — A unit of Corpzen Advisors Private Limited, Chennai, Tamil Nadu.
+91 86950 08695 · info@taxguider.in · Mon – Sat · 10:00 AM – 7:00 PM