Hi all, this is my first time on the Forum. Hope someone will be able to assist.
I've been thrown into the deep end and need to answer these 3 questions of a client of mine. Tried phoning the CIPC but after 40min of "Your call is important to us, please hold for the first available operator..." i just lost it... Couldnt stay on the line for another minute! Isn't the service at CIPC pathetic?
1. Can the Memorandum of Incorporation (MOI) be updated more than once?
2. More than once during the same financial year?
3. What percentage of the company in terms of shares/shareholders, must agree upon amendments to the MOI before the MOI can be updated? or is it only up to the director(s)?