CONVERSION OF PRIVATE LIMITED TO PUBLIC LIMITED
IDEAL FOR START-UPS GOING FOR FUNDING & GROWING BUSINESS CONTACT US BY FILLING THIS FORM
CONVERSION OF PRIVATE LIMITED TO PUBLIC LIMITED
A Public Company has seven or more members and can invite public to subscribe to its shares. A subsidiary company of a Public company is deemed to be a Public company.
A Private company is an organization which limits its number of members to 200 and cannot invite public to subscribe to its shares. The Companies Act, 2013 provides for converting a Public Company to a Private Company by altering the MOA and AOA of the company.
The main advantage of Public Company is that it can raise reserves at a large scale without approaching banking system and reducing debt whereas Private Companies which are privately owned, all the reserves are raised by existing members, shareholders and promoters. If a Private company goes public then the risk is also shared among the shareholders. Public companies once recorded, get indirect promotions and support through stock exchange websites where their stocks are recorded.
Conversion of Private Limited Company to Public Limited Company is done through Legal Belief.
WHAT IS INCLUDED IN OUR PACKAGE
Name Search & approval
Modified MOA/AOA
Company PAN Card
Registration Fees
PROCEDURE FOR CONVERSION OF PRIVATE LIMITED COMPANY TO PUBLIC LIMITED COMPANY
Complete our Simple Form
You are required to fill the details in our simple online questionnaire and submit documents.
START
Obtain DSC and DPIN from us
After submitting your documents we will provide you with DSC and DPIN.
5 WORKING DAYS
Verification and Name Approval
Details provided by you will be verified and then we shall apply for name approval.
2 WORKING DAYS
Document Submission
We will create all the required documents and file them with ROC on your behalf.
3 WORKING DAYS
Your work is completed.
Once your company is incorporated, we shall send you all the documents and DSCs
CONGRATULATIONS
DOCUMENTS REQUIRED FOR LLP REGISTRATION?
Copy of PAN Card of partners
Passport size photograph of partners
Copy of Aadhaar Card/ Voter identity card
Copy of Rent agreement (If rented property)
Electricity/ Water bill (Business Place)
Copy of Property papers (If owned property)
Landlord NOC (Format will be provided)
MINIMUM REQUIREMENTS FOR CONVERSION
DSC for 1 Director
Minimum 7 Shareholders
DIN for all directors
Minimum Authorized Share Capital of Rs 5lacs
Minimum Paid up Share Capital of Rs.5lacs
Director and shareholder can be the same person
Minimum 3 Directors
Faq's
– Any individual/organization can become the member of the Public Limited Company including foreigners/NRI.
– There is absolutely no other payment. We will send you an invoice that is all-inclusive, with no hidden charges.
-Legal Belief.com can convert a Private Limited Company typically in 14-20 days. The time taken also depends on relevant documents provided by the applicant and speed of approvals from government. To ensure speedy registration into Public Limited Company, please pick a unique name for the proposed Company.
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