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How can Memorandum be altered?

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How can Memorandum be altered?
posted Jul 18, 2017 by Adarsh

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1 Answer

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A Company may, by Special Resolution alter its MOA so as to change the place of its Registered Office from one State to another, or with respect to the objects of the Company so far as may be required to enable it-

(a) to carry on its business more economically or more efficiently; or

(b) to attain its main purpose by new or improved means; or

(c) to enlarge or change the local area of its operations; or

(d) to carry on some business which under existing circumstances may conveniently or advantageously be combined with the business of the Company; or

(e) to restrict or abandon any of the objects specified in MOA; or

(f) to sell or dispose of the whole or any part of the undertaking, or of any of the undertakings, of the Company; or

(g) to amalgamate with any other Company or body of persons.

answer Jul 19, 2017 by Chetan Hindu