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. IndiaFilings offers an easy process for effecting Memorandum of Association amendment from Rs.7899/-
From Rs.7899 /- all inclusive fees
EMI: Rs.705 for 12 months*
Memorandum of Association of a Company sets down the constitution of a company including the permitted range of activities of the company, state of incorporation, type of company, capital clause, liability clause and more. Changes to Memorandum of Association of a company can be required while changing name of a company, changing registered office from state to state. alteration of objects clause, alteration of capital clause or increase of authorised capital. Changes to the Memorandum of Association of a company would require the passing of a special resolution and shareholders consent.
IndiaFilings is the leading business services platform in India, offering a variety of services like company registration, trademark filing, GST registration, income tax filing and more. IndiaFilings can help you amend Memorandum of Association of a company. The average time taken to file for complete a Memorandum of Association amendment is about 10 - 15 working days, subject to government processing time and client document submission. Get a free consultation on procedure for amendment of memorandum of association by scheduling an appointment with an IndiaFilings Advisor.
Lawful objects can be stated and included in the objects clause of the memorandum of association, whether the company engages in all those activities or not. From a legal view-point, any activity which offends the objects clause and is not expressly stated in the Memorandum of Association would be considered ultra-vires, i.e. beyond the powers of the company.KNOW MORE
The name of the company must be stated with the last word 'Limited' in case of limited companies and with the last two 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.
The Memorandum of Association must mention the State in which the registered office of the company will be located. The domicile of the company must be stated for determination of jurisdiction of Court, tax authorities and ROC.
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. A company cannot increase the liability of its members without their written consent.
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.
Identity and address proof will be required for all directors and shareholders of the company to be incorporated. In case of Indian nationals, PAN is mandatory. For foreign nationals, apostilled or notarised copy of passport must be submitted mandatorily. All documents submitted must be valid. Residence proof documents like bank statement or electricity bill must be less than 2 months old.
All companies must have a registered office in India. To prove access to the registered office, a recent copy of the electricity bill or property tax receipt or water bill must be submitted. Along with the utility bill, rental agreement or sale deed and a letter from the landlord with his/her consent to use the office as a registered office of a company must be submitted.
MOA amendment for a private limited company.
From Rs.7899 /- all inclusive fees
EMI: Rs.705 for 12 months*
MOA amendment for a limited company.
From Rs.14899 /- all inclusive fees
EMI: Rs.1330 for 12 months*
MOA amendment for a Section 8 company.
From Rs.19899 /- all inclusive fees
EMI: Rs.1777 for 12 months*
IndiaFilings.com can help you with MOA amendment.
Got questions? Request a call from an IndiaFilings Business Advisor.Let's talk!
A Business Expert will review the present and proposed MOA of company and the Articles of Association to understand the background of the Company prior to beginning the process. The review would take 1 - 3 working days.
Once you obtain an understanding of the procedures involved in MOA amendment, our Experts will draft the necessary Resolutions for the procedure.
Once the Board Resolutions are passed, our Experts will prepare and file the necessary documents with the Ministry of Corporate Affairs to complete the MOA Amendment.
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