Conversion Company From Public Limited To Private 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 to Convert a Public Limited Company to a Private Limited Company Service today, so that your company can shed the liabilities & compliances of a Public Company and emerge as a Private Company. With our team working for you, you can focus on the impending transition, and acquiring funding for the same.
Private Limited Company
- Transfer of shares to only a few investors
- Cannot be listed
- Lower Compliance requirements
Public Limited Company
- May offer shares to the general public
- Can be listed
- Higher Compliance requirements
- Copy of MOA and AOA.
- Board and General Meeting Resolutions.
- Minutes of General Meeting.
- Attendance sheet.
- Affidavit.
- Newspaper advertisement.
Step 1:
You sign up for our Convert a Public Limited To Private Limited service, and our financial & legal experts engage in consultations 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
Frequently Asked Questions
Why E Form RD-1 Is Filed?
Form RD-1 is filed with the Regional Director for approval of the `conversion of Public company to Private Company.
Is There Any Time Limit For Filing Form RD-1?
Yes, Form RD-1 is filed within 60 days of the passing of the special resolution.
Phone Support
+91 9654831210
Email Support
info@semantictaxgen.in
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