AOA Amendment

An AOA (Articles of Association) amendment refers to the process of making changes to the internal regulations governing a company’s operations. The Articles of Association define the duties and responsibilities of the company’s directors, the manner in which business is conducted, and the rights of its shareholders. Amending the AOA typically requires the passing of a special resolution by the shareholders, signifying a significant internal decision. Such amendments are crucial for adapting to new business strategies, changing regulatory environments, or restructuring the company’s internal governance. Once approved, the amended AOA must be filed with the Registrar of Companies (ROC) to ensure legal validity and public record.