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Alteration of moa & aoa in compliance with companies act 2013
Is it mandatory to alter the exisiting MOA and AOA (Drafted under 1956 act) of a company to be compliant with the Companies Act., 2013?
Kindly clarify
Replies (2)
1) AOA - mandatory only at the time of making any alteration, otherwise optional [Ref. Sec.5(9)].
2) MOA - not mandatory since there is no similar provision for MOA.
Thank you Sir.
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