| Points | Alteration of MOA | Alteration of AOA |
| MEANING | The Memorandum of Association (MOA) is a foundational, publicly available document that defines a company’s scope, objectives, and its relationship with external parties. It outlines the company’s purpose, the powers vested in its directors, and the rights and duties of its shareholders, effectively serving as a contract between the company and its shareholders. | The Articles of Association (AOA) is a document that outlines a company’s internal regulations and bylaws. It governs the company’s management and administration, establishing procedures for decision-making and business conduct. The AOA supplements the Memorandum of Association (MOA), and together, these documents constitute the company’s constitution. |
| KEY CLAUSES ARE ALTERED OF MOA & AOA | 1. Name Clause
2. Registered Office Clause
3. Object Clause
4. Liability Clause
5. Capital Clause | Company can alter its Article by way of addition, deletion, modification, substitution, or in any other way, only if it wants. Including alterations having the effect of conversion of – 1. Private company into a public company. 2. Public company into a private company |
| STEPS FOR ALTERATION IN ARTICLE OF ASSOCIATION: | STEP – I: Convey Board Meeting of Directors
STEP –II: Held Board Meeting STEP- III: Issue Notice of General Meeting
STEP- IV: Hold General Meeting
STEP- V: Filing of form with ROC | STEP – I: Convey Board Meeting of Directors
STEP –II: Held Board Meeting STEP- III: Issue Notice of General Meeting
STEP- IV: Hold General Meeting
STEP- V: Filing of form with ROC |
| DUE DATE FOR FILING OF ALTERATION COPIES OF MOA AND AOA | Within 30 days of passing the resolution for such alterations. | Within 30 days of passing the resolution for such alterations. |
