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BUSINESS ENTITIES CONVERSION
Minimize liability maximize profits, explore the new dimensions of business
Private Limited to Public Limited
Private Limited to Public Limited
- Overview
- Documents Required
- Process
Convert Private Limited Company to Public Limited Company
A private limited company or famously known as LTD is a privately held company. This implies that the business limits owner liability to its shares and limits the number of shareholders to 50. It also restricts shareholders from trading shares publicly.
A Public Limited Company, legally known as PLC, is a publicly held company. It is a limited company whose shares can be traded with the public. PLC can be listed or not listed in the stock exchanges. PLC requires a minimum of 3 Directors as a prerequisite.
Advantages of Public Limited Company (Heading)
- There is no restriction in the transferability of shares as it is open to the public.
- The scope for a PLC is vast in comparison to a limited number of people for a Private Limited Company.
- Capital for PLC can be raised from the general public, giving it more opportunity for growth and success.
- Systemized functioning will help in building the business and good teamwork
Documents required to convert Private Limited to Public Limited
- E-form MGT 14 – Special resolution for conversion of the company into a public company is to be filed with the following attachments:
- A certified true copy of the special resolution
- Altered memorandum and articles of association (MOA/AOA)
- A certified true copy of board resolution is optional
- Notice of Extra-Ordinary General Meeting (EGM) that is held to pass the board resolution which is the approval of Directors for the conversion of a Private Limited Company to Public Limited Company
- E-from INC 27 – Application for the conversion of Private Limited to Public Limited
- Minutes of the Meeting where approval was given for conversion and altered Articles of Association
- Altered Articles of Association
- A true copy of Board resolution is optional
Private Limited to Public Limited Registration
₹48,999.00
Private Limited to Public Limited in just 10 Days
Never let the businessman see down by giving your business a shining name with Private Limited to Public Limited registration. It is extremely easy to start and run!
Why choose Company registration in INDIA ?
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Shields from personal liability and protects from other risks and losses.
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A registered company makes it genuine and increases the authenticity of your business.
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Procures bank credits and good investment from reliable investors with ease.
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Offers liability protection to protect your company’s assets
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Greater capital contribution leading to greater stability of business
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Increases the potential to grow big and expand the business