In some cases, Memorandum may invalidate according to modern rules of civil law. In this case, the void is actually register a legal entity that created on its basis. And it definitely means the elimination of such legal entity. Before the entity is registered, has developed Memorandum may be amended or terminated. For example, a constituent agreement is terminated, if the creation of this entity in general is impossible. After the accomplishment the fact of registration of a legal entity any change in the memorandum would have relate to changes in business relationships that exist among its shareholders or between the founders and the proper legal entity.
Amendments to the constitution of legal persons 1. Changes in Articles of Association Since the organization's charter – its main founding document, he stated his partners (founders). Requirements of the statute must comply with all organs of society and its shareholders. In the process functioning of the legal entity is sometimes a necessary entry changes in the constituent documents (for example, the adoption of the charter in its new edition, the changes in the composition of shareholders in joint stock company all sorts of additions to the charter, etc.). The need for such changes in the statute can often be caused by a change in the location of the entity, a change in the name change of the charter capital and, possibly, the number of shares that is a direct consequence of the share issue. In some cases, shareholders may bring changes to the constitution of society due to the fact that any of the provisions of existing statutes (eg, related to the decision at a general meeting of shareholders on various issues), more of them do not satisfy.