Common Questions
Most Popular Questions
The AOA is a legal document that contains rules and regulations governing the internal management, operations, and administration of the company, defining the rights and duties of shareholders and directors.
Reasons for amending AOA may include change in board structure, alteration of share capital, adoption of new corporate policies, or any other changes requiring members' approval.
What is the procedure for amending AOA in a private limited company?
Provisions of AOA can be amended, subject to compliance with legal requirements, obtaining necessary approvals, and ensuring consistency with the Companies Act, 2013.
Documents such as board resolution, special resolution, notice of general meeting, amended AOA, and necessary forms for filing with the RoC are required.
The process must be completed within a specified timeline, including convening and conducting general meetings, filing forms with the RoC, and obtaining necessary approvals.
Non-compliance may lead to penalties, fines, legal action, rejection of application by the RoC, and adverse impact on the company's compliance status and reputation.
Yes, Avenue Advisory provides expert assistance for amending AOA, including drafting of resolutions, preparation of documents, filing with the RoC, and compliance monitoring.
Avenue Advisory ensures compliance with the AOA amendment procedure by guiding clients through the process, preparing accurate documents, and liaising with the RoC for timely approvals.
Outsourcing to Avenue Advisory ensures accuracy, compliance, timely processing, and expert support, relieving companies from the administrative burden and ensuring smooth AOA amendments.