Guidance for Amending the Memorandum of Association (MOA) of Your Public Limited Company

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The Memorandum of Association (MOA) is a crucial document for a Public Limited Company in certain jurisdictions. It delineates the company’s initial capital and the 'object clause,' which informs shareholders, creditors, and stakeholders about the scope of the company's operations.

Containing the Articles of Association (AOA) as the company’s internal constitution for regulating business operations, the memorandum is required to be filed with the Registrar at the time of incorporation.

For various reasons, a Public Limited Company's Memorandum of Association may need to be modified or amended. In this process, the organization must adhere to the provisions of the Companies Act, 2013, and the guidelines provided by the Registrar of Companies (ROC).

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  • ✔In case of changing the name of the Public Limited Company
  • ✔Change of the registered office of the company
  • ✔Alteration in any company’s authorized capital
  • ✔Alteration in the capital clause of the company
  • ✔Change in the company’s members’ liability
  • ✔Modification of the Object Clause of the Public Limited Company
  • ✔In case of a merger with any other business personnel or entity

Requirements During Amending the Memorandum of Association (MOA) for a Public Limited Company

Convening a Board Meeting

A Board Meeting must be convened by the Public Limited Company to approve the Amendment of the MOA by the Board of Directors.

Obtaining Shareholders’ Approval

Subsequent to the Board Meeting, the company's shareholders must be engaged to secure approval for the MOA Amendment by passing a special resolution.

Documentation of the Amended MOA

Upon completion of the process, the amended MOA should be documented in all official records and documentation of the concerned organization.

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Filing of the Form MGT-14 to the ROC and processing for MOA Amendment

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Frequently Asked Questions (FAQs)

MOA or Memorandum of Association works as the internal constitution of an organization. It contains the AoA, the initial capital, Object Clause and is mandated to be filed in the time incorporation of the particular organization.

In the Amendment process, the MOA of an organization is modified or changed for reasons like changing the Name of the Company, change of the Registered Office, or alteration in the company’s Authorized Capital.

The Memorandum of Association (MOA) Amendment procedure is regulated by the Companies Act, 2013 of the Indian Govt, along with the provisions of the Registrar of Companies ROC.