CS Rashmi Rani (PRACTICING COMPANY SECRETARY) (49 Points)
16 April 2016i have a query. want to convert private company into opc... do anyone have completed such process?
CS Arjun Rajagopal
(B.com, ACS)
(1056 Points)
Replied 16 April 2016
| Originally posted by : rashmi | ||
 |
i have a query. want to convert private company into opc... do anyone have completed such process? |  |
Hi,
Please go through the following article given by Top CCI Member Mr.Ankur Garg
/articles/procedures-for-conversion-of-private-company-into-opc-21255.asp
Regards,
Arjun Rajagopal
CS Rashmi Rani
(PRACTICING COMPANY SECRETARY)
(49 Points)
Replied 16 April 2016
thanks for reply. i need draft documents for the conversion.
Jatin Bajaj
(CS)
(2930 Points)
Replied 17 April 2016
According to Rule 7 of Company Incorporation Rules, A private Company paid up share capital of Rupess 50 Lakhs Rupees or less and average annual turnover of Rupees 2 crore or less during relevant period may convert into OPC by passing special resolution in a general meeting.
The directors of the Company have gave the declarations by way of affiadavit that all the members of the Company have gave their consent for conversion
list of Members and Secured Creditors
latest audited balance sheet and profit n loss of the company]
Copy of NOC frommembers or secured creditors.
If all the above procedure is satisfied, the ROC shall issue the certificate.
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