For numerous reasons, a private limited company’s MOA can be modified or amended. In the process, the concerned organization or individual is required to follow the provisions of the Companies Act, 2013 and the guidelines of the Registrar of Companies ROC.
A Board Meeting should be organized by the Limited Company to approve the MOA Amendment from the Board of Directors.
Following the Board Meeting, the company’s shareholders should be addressed to get approval on the MOA Amendment by passing a special resolution.
Following the completion of the process, the amended MOA should be recorded in all the official documentation of the concerned organization.
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