Amendment

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 An amendment is a change or addition to the terms of a contract, law, government regulatory filing, or other documents.

KEY TAKEAWAYS
An amendment is a change or addition to the terms of a contract or document.

An amendment is often an addition or correction that leaves the original document substantially intact.

Other times an amendment can strike the original text entirely and substitute it with new language.

The U.S. Constitution is one example of the use of amendments. It has been amended 27 times.

Understanding Amendments
A contractual amendment generally does not substantially alter or reverse the terms of the document it is attached to. If an agreement needs significant changes, a new contract rather than an amendment generally is drawn up. Any such document can be amended with the consent of the parties involved.


One of the most common types of amendment is a simple extension of the terms of a contract. An amendment might change a price or a deadline, correct a misstatement in the document, or address an unforeseen issue. The parts of the contract that are not amended remain in force. Amendments to documents filed with government regulators are common. For example, when a business changes its name or its ownership, an amendment must be filed with the appropriate government agencies.

Financial documents can be amended as well. Publicly traded companies must report their earnings results to the Securities and Exchange Commission (SEC) on a quarterly as well as annual basis. This report is available to all of the company's stockholders and the general public. If a number is incorrect or a material factor is discovered, an amendment to the earnings report must be filed. In this case, the amendment is called a restatement of financials. 

• Minutes of Extraordinary General Meetings and Amendment of Articles of Incorporation and Association of Corporations
• Minutes of Meeting of Board of Directors including the Amendment of Articles No. 6 & 7 and the Amended Articles of Association of Joint Stock Companies
• Amendment of Articles of General or Limited Partnerships
• Amendment of Basic Data of Sole Proprietorships
• Change of Legal Structure of Companies
• Company Conversion from Operation under the Investment Law to Operation under Law No. 159 of 1981
• Conversion of Companies Operating under the Free Zones System to the Internal Investment System in Accordance with Law No. 72 of 2017 or Law No. 159 of 1981
• Merger through Absorption
• Company split-up
• Company Liquidation (Corporation – Partnership)
• Phase I: Carrying out or Abandoning Liquidation Proceedings
• Request for Liquidation of Partnerships
• Phase II: Crossing out Company's Name from the Commercial Register
• Liquidation of Sole proprietorships
• Amendment of Data of Foreign Companies Incorporated in Accordance with the Investment Law along with Branches of Foreign Banks
• Minutes of the Ordinary General Meeting Including the Amendment Of Articles No. 6 & 7
• Amendment of Single Member Company