Convert Private Limited Company to Public Limited Company

Section 18 and 14 of the Companies Act, 2013 read with Rule 33 of Companies (Incorporation) Rules, 2014)

Section 14 of Companies Act, 2013 plays an important role during the Conversion of Private Limited Company into Public Limited Company.

Conversion of Private Limited Company into Public Limited Company involves alteration of article of association of Private Company u/s 14 which cannot be done without passing special resolution of Shareholders in the General Meeting.

Convene Meeting of the Board of Directors of the Company

Issue Notice for EGM

File E-Form MGT-14 along with the required documents

File E-Form INC-27 along with the required documents

Certificate of Incorporation from ROC

Section 13: Alteration of Memorandum of Association

Section 14: Alteration of Articles of Association

Rule 41: Application under section 14 for conversion of public company into private company

Packages

CONVERSION OF PRIVATE LIMITED COMPANY

Basic

Rs 65999/-

MOA & AOA Drafting

Digital Signature Certificate 2 Years Validity (7 Persons)

Name Approval

PAN & TAN

Incorporation Fees Authorised Capital Of Rs.10 Lakhs

GST Registration

Free Bank Account Opening

Incorporation Certificate

Share Certificate

Appoint First Auditor of the Company

Buy Now

Premium

Rs 85999/-

MOA & AOA Drafting

Digital Signature Certificate 2 Years Validity (7 Persons)

Name Approval

PAN & TAN

Incorporation Fees Authorised Capital Of Rs.10 Lakhs

GST Registration

PF & ESI Registration

Free Bank Account Opening

Incorporation Certificate

Statutory Registers and Records

Free Experts Consulting

Share Certificate

Appoint First Auditor of the Company

Buy Now

Important step before formation

Knowledge of the business

Do you have the previous experience in the same business? how many years?
Product analysis with the questions whether the product under any restricted sales in India eg. Cement, Steel

Growth of the Business

Growth of the business in India for the next 5 to 10 years?
Feasibility report of the business and products
Business plans and projected Financial Product for 5 years

Marketing Strategy

Marketing strategy is available with target customers?
Pricing of products and margin available in the product ?

Funds – Working Capital

Sufficient working capital required for running the business for minimum period of 3 months. The funds can be own fund or bank funds.
How many months Investment in the business have required, return on investments and working capital funds are available for fixed expense months?

Documents required

ID Proof

Scanned copy of PAN Card of all directors and Voter ID/ Passport/ Driving License

Address Proof

Latest Bank statement/ Utility bill in the name of director which should not be older than two months

Photo

Latest passport size photograph

Registered Office Proof

No Objection Certificate (NOC) from the owner, Utility bill (should not be older than two months) and Notarized Rent agreement (in case of rented property)/ Registry Proof or House Tax Receipt (in case of owned property)

Compliance after formation

Accounts & Operations

Open a Bank account with one Private bank and one scheduled bank
Get one accounting software with GST facility

Compliances

GST registration
PF & ESI Registration if applicable
Profession Tax registration
Import & Export Code registration
STPI Registration / SEZ registration
Secretarial compliance required for passing resolutions, Change in Management, entering contracts, loan obligations etc

Performance

Review Financial Products performance by every 3 months
Compare the budget amount with actual Financial Products results

Statutory Obligations

File GST return every month without delay
PF & ESI return filing
TDS Payments & Return filings
Advance Tax payments
File income tax return by every year before due date

Conversion of Private Limited Company to Public Limited Company

Request a Call Back