Memorandum of Association (MOA) is the back bone of any company. It contains objectives of the company as well as general clauses as per companies ordinance 1984. Change in Memorandum of Association is a normal practice of private and public limited companies in Pakistan and legally allowed / permitted by SECP to change in Memorandum of Association of any company but fulfill the legal requirements under section 21 of company ordinance 1984.
Changes in Memorandum of Association is a complex and time taking process as well as cost involved in change of company’s objects or changes in memorandum of association.
Here we briefly explain the requirements of changes in Memorandum of Association of companies under section 21 of companies ordinance 1984.
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