Alteration in MoA and AoA of a Company

Alteration In MOA/AOA

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Every organization needs to have rules and regulations for its smooth operation. In the case of Private Limited Companies or One Person Companies, these rules and regulations are known as Memorandum of Association (MoA) and Articles of Association (AoA), collectively, which form the basis of the company. While Articles of Association constitute more significant concerns about the company's internal operation, and on the other hand, the Memorandum of Association focuses on major details like company name, address, objective, and share capital of a company. Alteration in the memorandum of association can be made by following the procedure under section 13 of the Companies Act’2013. This section applies to all companies.

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