Adoption of NEW MOA AOA and Increase in Auth and Paidup Cap
This query is : Resolved
05 November 2020
Hello dear experts... one of a company is incorporated under Company Act 1956 now want to increase its auth. capital and Paidup capital before march'2020. Now my quarry is : -
1. whether it is compulsory to adopt new moa & aoa under Company Act 2013 and file MGT-14 from back date i.e. before march'2020.
2. Can we directly filled Sh-7 without filing of MGT-14 from back date i.e. before March'2020.
please help me out regarding the whole process legally.
1. whether it is compulsory to adopt new moa & aoa under Company Act 2013 and file MGT-14 from back date i.e. before march'2020.
2. Can we directly filled Sh-7 without filing of MGT-14 from back date i.e. before March'2020.
please help me out regarding the whole process legally.
10 November 2020
It is advisable to adopt a new set of MOA & AOA as per Companies Act, 2013. It is mandatory to pass a special resolution and file MGT 14 if you alter MOA and/or AOA as per the Companies Act, 2013.
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