MOA Amendment

Ø MOA Amendment

MOA stands for Memorandum of Association.MOA amendment as per the new Commercial Company Law -Don’t worry if you have not revised your MOA.  The companies who have not yet amended their Memorandum of Association following the measures of the new Commercial Companies Law need not worry now.

Alteration of Name in MOA

Changes to the name of a company would require an alteration to the MOA by passing a special resolution. In case changes to the name of a private limited or public limited company is effected, consent or authorization of Central Government is not required. In any other case, the consent of Central Government would be required. Further, in the event of a company being registered with a name that bears a resemblance to a name of an existing company, the Central Government might ask it to alter its name. In such a case ordinary resolution is adequate.

 

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