Alteration of memorandum

jaish rohra (Querist) 10 January 2012 This query is : Resolved
there is X Pvt ltd. in which subscribers and directors are same & the profession of director stated in memorandum is an advocate,now the director wants to change his profession from advocate to businessmen. I just want to know the procedure for above change as per companies act with reference to sec. for clarity in understanding.

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Shailesh Kr. Shah (Expert) 10 January 2012
After Incorporation of Company, there is no provision to change such information.

DEFENSE ADVOCATE.-firmaction@g (Expert) 10 January 2012
If there is perectible advantage of such change than only the excercise is worth doing.

prabhakar singh (Expert) 10 January 2012
You can now only take steps to drop that director but can not amend his profession.

Deepak Nair (Expert) 10 January 2012
Agree with experts. You cannot modify the same.

girish shringi (Expert) 10 January 2012
Alteration in memorandum is not possible,however one can change the profession in DIN,which can be visible on ROC record.

In your case an advocate who wants to change the designation,he has to surrender his Bar membership first.

Devajyoti Barman (Expert) 10 January 2012
Yes I endorse the views above.

jaish rohra (Querist) 10 January 2012
Thanx to all for ur kind suggestions.

prabhakar singh (Expert) 11 January 2012
Most welcome you are.

Shailesh Kr. Shah (Expert) 11 January 2012
@Prabhakar Sir,

Even After resignation of director, there is no provision to remove his name from MOA.
It remain until company wind-up.