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alteration - Coggle Diagram
alteration
name clause alter
reserve name
ultra vires the co.(beyond powers)
protect investors+creditors
co. entered beyond powers- void
object clause
beyond directors but within co powers
MOA/AOA restricted by Co.Act
directors bound by AOA
alter AOA
SR
SR
In cresae AC, amdnd MOA by SR
doesnt contain info. about IS/SC/called Cap, PUC
aletr capital clause
exceptions to indoor mgt
acting as director
forgery
knowledge of irregularity
person put on enquiry
RO
SR
indoor mgt
done as per AOA regularly
in favour of 3rd party(no info. behind closed doors of co.)
alter
MOA-SR
AOA-SR
KMP
constructive notice- public doc
intra vires- within powers