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Showing posts from April, 2017

Convert private company into a public company

The public company has the following procedures prescribed in the act for convert private limited company for their status. Similarly, a public limited company can convert itself into a private limited company.
. Convert Private Limited Company into Public Limited Company A company which is initially incorporated as a private limited company. The company can change its status into that of public limited company. The public company has the following procedures prescribed in the act for conversion of status. Similarly, a public limited company can convert itself into a private limited company.
Circumstances for conversion of private limited company into public limited company
A private limited company can convert itself into a public limited company in the following circumstances : (a)voluntarily on its own volition (b) by reason of default (c)by operation of law
Conversion of a private limited company into public limited company on own volition

A private limited company can convert its…