One of the first steps in the formation of a company is to prepare a document called the memorandum of association, Changes to Memorandum of Association of a company can be required while changing name of a company, changing registered office from state to state.
change of the objective and further necessary matters of the company. In object clause establishing of company are mentioned, Companies aren’t legally allowed to do any kind of business other than the kind of business that is specifically stated in this clause.
The Companies Act, 2013 states that a company should not be registered with an undesirable name. In name clause The name of the company must be end in the word “limited” if it’s a public company or “private limited” if it’s a private company.
Liability clause mentions the liability of members of the company. If the company is limited by shares, the liability that each member faces can be no more than the face value of shares that he or she holds.
The capital clause lists information on the total capital held by the proposed company. The Memorandum of Association must indicate that the responsibility of its members is limited.
The following details are required.
Notice:
Notice convening general Meeting with relevant explanatory statement
Annual return:
Details of Annual return
Financial statement:
All Financial statement are required.
Article of Association:
Article of Association are required.
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