No statutory meeting is not necessary for a private company converting into public company.
The following types of companies are required to convene and hold a statutory meeting in accordance with the provisions of section 165 of the Companies Act, 1956:— (a) A public company limited by shares; (b) A public company limited by guarantee and having a share capital; Therefore, a private company and a private limited company, converted into public limited company is not required to hold statutory meeting.
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