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Format for seeking consent of Creditors- Conversion- Ltd.

C.S. Rajesh Pillai (Company Secretary and Compliance Officer) (181 Points)

17 January 2009

Hi,

For conversion of a Public Ltd to Pvt. Ltd, among other things, require the NOC of creditors.

Can any body provide me a format of a letter seeking the consent of creditors for the same.

thanks and best regards

Rajesh Pillai

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6 Replies

Radheyshyam Falod (CA) (416 Points)
Replied 01 October 2010

can anybody help on the above question?

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zankhana Trivedi (Company Secretary) (462 Points)
Replied 04 October 2010

Hi..

pls. find below given draft consent letter

Thanks & Regards

Date:

To,

………………………………………….

…………………………………………..

……………………………………………

Sub: No objection Certificate for Conversion of Public Company into Private Company.

Dear Sir,

With reference to the captioned subject matter in regard to Conversion of Public Company into Private Company, I/we. ………………………………………….. am/are the Creditor of the Company and as on ……………………… an amount as stated below is due to me/us by the Company.

I/We hereby confirm that I/we have no objection for Conversion of Public Company into Private Company.

Outstanding Amount Rs. …………………………………..

Thanking you.

Yours faithfully,

For …………………………………………

………………………………

(…………………………….)

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