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of <h1>Section 13 Companies Act: Rules on altering memorandum, changing name, shifting registered office and protecting stakeholders</h1> Section 13 of the Companies Act, 2013 governs alteration of a company's memorandum. Alteration generally requires a special resolution and, where relevant, written approval of the Central Government, particularly for change of name and shifting the registered office from one State to another. The Registrar issues a fresh certificate of incorporation upon such changes, which take effect only on registration. Consent or adequate protection of creditors and other stakeholders is required for shifting States. Companies raising public money by prospectus cannot change their objects without a special resolution, prescribed disclosures, publication, and an exit option for dissenting shareholders. Certain profit-participation alterations in guarantee companies without share capital are void.
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