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Amending MOA of a Section 8 Company: Is Prior ROC Approval Required?

TaxGuru•
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Summary

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  • Amending the Memorandum of Association (MOA) or Articles of Association (AOA) of a Section 8 company necessitates prior Government approval.
  • This requirement must be fulfilled before passing a special resolution and making statutory filings.
  • The article provides crucial insights into the procedural aspects of MOA amendments for Section 8 companies.
  • Understanding these legal nuances is essential for compliance and effective governance in non-profit organizations.

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