RE: Is Amendment of MOA Mandatory?
Answered
The Articles of a company registered under the old Companies Act (i.e. 1956) need to be amended as per the new format of Articles given in the new Act (i.e. 2013). But, is such amendment mandatory for Memorandum of Association too…? Please Advice..
Yes, it is Mandatory to amend MOA and AOA of pvt. co. according to CA 2013. because in earlier act limit of member is 50 and according to CA 2013 it 200,