conversion
Savita Ch (1 Points)
17 November 2018
is there any situation when a private company needs to convert itself into a public company Complusourily?
2 Replies
Vibha Trivedi
(437 Points)
Replied 20 November 2018
No there is no such provision.However,a private company can voluntorily convert itself into a public company.
Where a private company alters its articles in such a way that they no longer include the conditions required to be included in the articles of a private company,it cease to be a private company.
Where a private company alters its articles in such a way that they no longer include the conditions required to be included in the articles of a private company,it cease to be a private company.
Anjali Kolse
(103 Points)
Replied 30 November 2018
yes can convert voluntarily but if co. exceeds no.of members 200 shall convert into pub.co.
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