Conversion Company From Private Limited To Public Limited
Step 1
You sign up for our Conversion, and our financial & legal experts engage with you in order to collect the necessary information and work on the same
Step 2
Post consultations, our team shares a draft of required actions with you, preparing the necessary documentation such as the Board Resolutions
Step 3
Once the Resolutions are passed and all necessary documentation is compiled, our legal experts take care of the filing with the ROC
About Conversion Of Company
In India, the share transferability of a private limited company is limited to 50 shareholders, and they are restricted from freely trading their shares with the general public. However, a Public Limited Company does not suffer such limitations and its shares may be freely traded amongst the general public. Sign up for our Conversion from Private to Public Company Service today, so that your company can shed the restrictive cocoons of Private Company regulations and emerge as a new Public Company. With our team working for you, you can focus on the impending transition, and acquiring funding for the same.
Private Companies
- Transfer of shares to only a few investors
- Cannot be listed
- Lower Compliance requirements
Public Companies
- May offer shares to the general public
- Can be listed
- Higher Compliance requirements
- Altered memorandum and articles of association.
- Notice of Extra-Ordinary General Meeting (EGM) which was held to pass the board resolution indicating the approval of Directors for the conversion of a Private Limited Company to Public Limited Company.
- Special resolution for conversion of the company into a public company is to be filed with the following attachments.
- A certified true copy of the special resolution approving such conversion.
- Form INC 27 – Application for the conversion of Private Limited to Public Limited.
- Form MGT 14.
- Minutes of the Meeting where approval was given for conversion.
Step 1:
Step 2:
Post consultations, our team shares a draft of required actions with you, preparing the necessary documentation such as the Board Resolutions
Step 3:
Once the Resolutions are passed and all necessary documentation is compiled, our legal experts take care of the filing with the ROC
Frequently Asked Questions
Is There Any Time Limit For Filing E Form INC 27?
E form INC 27 is filed within fifteen days of the receipt of the order from the Central Government.
Are There Any Post Conversion Compliance?
Yes, the Company will have to comply with the requirements of a Public Company such as Increase in no. of Directors, changes in MOA and AOA, changes in documents like PAN, changes in company’s bank account, etc.
Phone Support
+91 9654831210
Email Support
info@semantictaxgen.in
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New Delhi-110092