CONVERSION FROM PRIVATE TO UBLIC
This query is : Resolved
09 October 2007
Sir
I would like to know the procedure to convert a private ltd co. to public ltd co.
regards
CA Saugata
I would like to know the procedure to convert a private ltd co. to public ltd co.
regards
CA Saugata
09 October 2007
As per Sec 44 of the said Act,
1. hold board meeting
2. hold general meeting (Special Resoultion)for amendment of AoA.
3. Filing requirements (within 30days)
4. Effective date of conversion
5. Increasing the no., of memebers to 7
6. Increasing number of directors to 3
7. Increasing the paid up capital to Rs.5L
8. Surrender of Original certificate of incorporation and obtaining of a fresh certificate of incorporation.
1. hold board meeting
2. hold general meeting (Special Resoultion)for amendment of AoA.
3. Filing requirements (within 30days)
4. Effective date of conversion
5. Increasing the no., of memebers to 7
6. Increasing number of directors to 3
7. Increasing the paid up capital to Rs.5L
8. Surrender of Original certificate of incorporation and obtaining of a fresh certificate of incorporation.
09 October 2007
Addtiona to above, Amend name clause in MoA
Check sections applicable to public company.
Check sections applicable to public company.
10 October 2007
Also u need to follow the ROC Procedures.
Changing the name ending with LTD instead of Pvt Ltd
filing of form 32 etc
Changing the name ending with LTD instead of Pvt Ltd
filing of form 32 etc
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