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