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Conversion to a Private Company

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 January 2011 Is the consent of the statutory auditor required in the course of the conversion of a public company to a private company ?
What about consent from banks if limits sanctioned by the Banks but no balance outstanding ?
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udit sharma

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udit sharma (Expert)
21 January 2011 No consent is required from either but an intimation of the same must be given to both.

God Bless

CS Udit Sharma
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Jayashree S Iyer

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Jayashree S Iyer (Expert)
21 January 2011 Agree with the expert. No consent is required.
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