Welcome to Filingpoint Best consultant for MOA Object change in vadapalani Expert +91 72999 72500
Filingpoint A Memorandum of Association is a legal document that acts as the charter for company principals, objectives and goals. It is one of the most essential documents and prerequisites for any type of company registration and incorporation. It also serves as the cornerstone and holy constitution for any firm. There are various things that need to be included in a MOA, including the name clause, situation clause, object clause and capital clause. Moreover, it needs to be in compliance with the relevant laws of the jurisdiction of incorporation.
The Object Clause is an important component of the MOA, stating the specific business activities that are permissible for the company to undertake. A company cannot engage in any activities that are not mentioned in the object clause (Doctrine of Ultra Vires). Changes to the objects clause require the consent of shareholders through a special resolution.
The registered office clause in the MOA specifies the address where the company is authorized to conduct its business. The registered office can be changed, but this will need approval from the Registrar of Companies. This can be done by passing a special resolution at an Extraordinary General Meeting. The same applies for shifting the registered office from one state to another. However, the process is more complex if the company wishes to move from one country to another. This requires obtaining prior approval from the Central Government or the Registrar of Companies, as well as the consent of shareholders through a special resolution.
Contact Filingpoint MOA Object Change Expert +91 72999 72500
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