Alteration of name clause. MOA: Alteration and Amendment 2022-10-23

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MOA: Alteration and Amendment

alteration of name clause

Reply: No, the stamp duty is always paid on allotment of shares and further, the alteration is not adoption of new sets of memorandum anyhow. The company may adopt any suitable name provided it is not undesirable. After amending your MOA via the procedure laid down in The Companies Act, 2013, it has to be filed for registration with the Registrar of Companies. At Corpseed, our valued customers are always kept in the loop as far as service delivery timeline is concerned and we inform our customers every time a milestone is achieved during each stage of service request processing. ALTERATION CLAUSES It is hereby agreed that notwithstanding anything contained in the Policy Alteration To Risks to the contrary, this insurance shall not be prejudiced in the event of any alterations which increases the risks insured, provided that notice of such alterations be given to the Insurer within 60 sixty calendar days of the commencement of such alterations and additional premium paid, if required from the date of such alterations. DataPolis adalah perusahaan media yang memberikan informasi mengenai perkembangan industri perasuransian saat ini. Whether Stamp Duty required to pain on Alteration in Memorandum of Association MOA? So considering the current situation.

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Alteration Clauses

alteration of name clause

Then Leave of absence is Granted or Not. Under Section 4 5 b of the Companies Act, 2013 if the company has been incorporated, the Registrar may, after giving the company an opportunity of being heard either direct the company to change its name within a period of three months, after passing an ordinary resolution; or take action for striking off the name of the company from the register of companies; or make a petition for winding up of the company. Our mission is to Simplify the Laws and make people aware of their rights and duties in relation to tax matters in order to equip them to participate in nation-building. Name will be effective from the date of issue of Certificate. Dear Divesh sir, I submitted INC 24 along with minutes of EGM. The first clause in the Memorandum of Association MOA of the company states the name by which a company is known. But the ROC shall give the approval for change in name only if the prior approval of the concerned authority eg: RBI, BSE, NSE, IRDAI, etc.


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Process of alteration of the MOA of a company

alteration of name clause

For that we have a very responsive Customer Care Department which work 24x7 to attend to and solve customer complaints. But we also believe that we may come across a customer who is not satisfied with our efforts. All 6 clauses of the MOA of a company can be changed merely by passing Special Resolution. The purpose of the MOA or memorandum of association is to ensure that people can have a clear idea about the company; be it the objectives of the company or general details such as the name, its registered office etc. As per Companies Amendment Act, 2017 In case of alteration of Name.

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Alteration in Object and Name Clause of MOA & AOA

alteration of name clause

A change of name under section 21 does not affect the rights and obligations of the company or render defective any legal proceedings by or against it, and any legal proceedings, which might have been continued or commenced by or against the company by its former name, may be continued by or against the company by its new name. A Company can alter its object clause either by way of addition, deletion, substitution, modification or in any other way, only if it wants. Innovation currently permits individuals to associate whenever, anyplace, to anybody on the planet, from practically any gadget. It is not important that the changed name should reflect the object of the Company, However, the same is always recommendable. Rule-29 of THE Companies Incorporation Rules, 2014. In Society of Motor Manufacturers and Traders Ld.

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Change of Name Clause of the Company

alteration of name clause

It can be applied through the online web service RUN. We have put systems and processes in place to make sure that the customer information is safe with us during its storage and transfer between in house and third party servers. This is drastically changing the manner in which individuals work. After approval of name up to what time name shall be available to use? Bypassing a special resolution, which is to file with the Registrar within 30 days, the liability clause can make limitless. An explanatory statement will also be attached in electronic Mode or writing mode. A notice to be served 7 days prior to conduct the Board Meeting and in that notice, we specify what resolution needs to be passed.

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Alteration in Object and Name Clause of MOA & AOA

alteration of name clause

As per Section- 146. So thinking about the current circumstance. STEP-IX File E-form MGT-14 within 30 days of passing of Special Resolution. Attachments must be attached i. Hence, The Customer shall not be liable to claim the refund in the above-mentioned situation.

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Process Of Alteration In Name Of Company

alteration of name clause

It is distinct from its directors. In that notice date, time, venue should be mentioned where the meeting is to be held. The company cannot simply file the court order regarding the change. All the forms that are required for the alteration of MOA are available on the MCA website. In order not to mislead the public a company must not use a name which is prohibited under theEmblems and Names Prevention of Improper Use Act of 1950. The dealing with the outside environment is within the powers i. Filing of Form INC-24 1000 TOTAL 2300-2600 4.


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ALTERATION IN NAME CLAUSE OF MEMORANDUM OF ASSOCIATION AS PER COMPANIES ACT, 2013

alteration of name clause

Check whether the Auditor is present or not. STEP-IV Name Approval Certificate from ROC, if applied name are available. Then, an approval letter will be issued from MCA stating the new name of the company. In VOV Chemicals Pvt. All clauses of Memorandum except Capital clause can be altered by following the provisions of Section 13 of Companies Act, 2013 by passing special resolution. Further, it is recommendable to attach the previous name approval letter that got expired. Regards Dr Alkesh Hello Mr.

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Procedure

alteration of name clause

Attachment: Agenda, Notes to Agenda, and draft resolution. We also have a money back guarantee for those, who want their service charges to be refunded. Is there any form through which name can be applied consolidate like in SPICe form. Looking forward for your reply. Rule-29 of the Companies Incorporation Rules, 2014. Her interest lies in the field of corporate and securities laws, general corporate advisory matters and FEMA matters and compliances, litigation services, and also in NCLT related services. The company may adopt any suitable name provided it is not undesirable.


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