MOA and AOA adoption by companies: Clarification

Ministry of Corporate Affairs vide General Circular No. 04/2015 dated 10/03/2015 has clarified that all the companies mandated to adopt new Memorandum of Association and Articles of Association as per Companies Act, 2013 on their First Annual General Meeting after the commencement of the Act can now do the same on or before March 31, 2015.