Answer:
Memorandum of association can be altered only under certain circumstance and in the manner provided in the Companies Act. It requires the sanction of shareholders and the central government or the Company law board or the court as the case may be. The procedure of alteration or memorandum is more difficult.
| Previous Question | Next Question |
| Can you define memorandum of association? | Please tell me what if articles of association of a company can be altered after its incorporation? |