Private Limited to Limited in Pune
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Private Limited to Limited
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Description

The process for conversion of a Private Limited Company to a Public Limited Company is as follows:

  1. Hold a Board Meeting of the Private Limited Company and pass a resolution to initiate the process of conversion and authorize a Director or Company Secretary to make an application to the Registrar of Companies (ROC) for conversion.

  2. Conduct a General Meeting of shareholders and pass a special resolution for conversion. This resolution should be passed by at least 75% of the shareholders.

  3. File Form MGT-14 with the ROC within 30 days of passing the special resolution.

  4. File Form INC-27 with the ROC within 60 days of passing the special resolution. This form includes the application for conversion along with the following documents:

    • Memorandum of Association (MoA) and Articles of Association (AoA) of the Public Limited Company.
    • List of Directors of the Public Limited Company
    • Copy of the latest audited balance sheet of the Private Limited Company
    • Copy of the special resolution passed by the shareholders
  5. Obtain approval from ROC: Upon verification of the documents and satisfaction of the Registrar of Companies, the ROC will approve the conversion and issue a Certificate of Registration.

  6. Update PAN and other registrations: After the conversion, update the Permanent Account Number (PAN) and other registrations with the respective authorities.

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