Poonawalla fincorp
Poonawalla fincorp

Alteration of articles

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(Querist)
15 February 2019 A company has MOA and AOA as per companies act, 1956. For the purpose of buyback, its articles must be amended. Should a new set of articles be adopted or, the the articles be amended?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
15 February 2019 Yes, AOA should be altered in accordance with 2013 Act.
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NISHA AGARWAL

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NISHA AGARWAL (Querist)
15 February 2019 thank you for the reply sir.
Sir, only insertion of a buy back article will suffice the requirement?
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