01 July 2011
Procedure of Pvt company convert in to section 25 Company, Can it is automaticaly converted if we have filed form 24a and get licence u/s 25 alongwith amendmend in MOA & AOA respectively
1. To make amendment in MoA of company. Amended objects must be fall under ambit of section 25 (Non-profit manner). 2. To make amendment in AoA of company relating to distribution of dividend, managerial remuneration etc... 3. Various enclosures are require by RD for issue license, 4. The application shall be made through e-Form-24A. The following documents must be enclosed with Form 24 A.
1. Amended MoA & AOA (SRN of Form-23) 2. Last two years Balance sheet and Profit & Loss Account 3. Declaration by advocate or company secretary regarding conformity with provisions. 4. Declarations as per annexure V of the companies Act 5. Resolutions passed by both members and board. Kindly engage practicing company secretary for aforesaid proceeding to implement.