AOA Amendment

Overview

AOA Amendment is the process Taxeto follows to help companies alter their Articles of Association under the Companies Act, 2013 in order to update internal management rules, directors' powers, voting rights, or other governance provisions. Taxeto drafts the revised AOA, manages board and shareholder approvals, and files Form MGT-14 with the MCA so the updated articles become legally valid.

Benefits

• Improves the company's internal management structure
• Provides flexibility to change internal company rules
• Ensures alignment with company law
• Supports smoother decision-making and business efficiency

Eligibility

• Company must be active
• Must pass a special resolution
• Must comply with MCA rules
• Amended AOA must not conflict with law

Documents Required

1. 1Board resolution
2. 2Special resolution
3. 3Existing AOA copy
4. 4Altered AOA draft
5. 5Notice of EGM
6. 6MCA filing form MGT-14

Process

1. 1

   Board Approval

   Approve the proposal for amendment.

2. 2

   Shareholder Approval

   Pass a special resolution at an EGM.

3. 3

   Draft New AOA

   Prepare the updated articles.

4. 4

   File Forms

   Submit MGT-14 with the MCA.

5. 5

   Approval and Update

   The updated AOA becomes legally valid.

Frequently Asked Questions