Articles of association for private limited company

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 June 2014 Dear friends,

Do the Private Limited company need to adopt new AOA, under new Companies Act, 2013, if the articles are not consistent with the present AOA Table format?

If so, is there any procedure?

Please clarify. Its urgent.

Thanks in advance.

Regards,
Soumya

Guest

Guest (Expert)

16 June 2014 yes they had to............ procedure is same ....

http://www.ey.com/Publication/vwLUAssets/India_Inc_Companies_Act_2013/$FILE/India_Inc_Companies_Act_2013.pdf

https://groups.google.com/forum/#!topic/csmysore/tXFoZ9zAcTs

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Ankur Garg

Ankur Garg (Expert)
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16 June 2014 No there is no compulsion in new CA 2013 to adopt new articles. Refer section 5(9).

However, it is very much advisable to adopt/alter your old AOA as per CA 2013 to avoid any confusion or inconvenience.

Thanks
Ankur

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Querist : Anonymous

Querist : Anonymous (Querist)

16 June 2014 Thank you Ankit and Ankur Sir.

Ankur Garg

Ankur Garg (Expert)
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16 June 2014 You are always welcome and keep sharing your doubts with us.

Ankur