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.

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

  1. E-form MGT 14 – Special resolution for conversion of the company into a public company is to be filed with the following attachments:
  2. A certified true copy of the special resolution
  3. Altered memorandum and articles of association (MOA/AOA)
  4. A certified true copy of board resolution is optional
  5. 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
  6. E-from INC 27 – Application for the conversion of Private Limited to Public Limited
  7. Minutes of the Meeting where approval was given for conversion and altered Articles of Association
  8. Altered Articles of Association
  9. A true copy of Board resolution is optional

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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 ?

  • Shields from personal liability and protects from other risks and losses.

  • A registered company makes it genuine and increases the authenticity of your business.

  • Procures bank credits and good investment from reliable investors with ease.

  • Offers liability protection to protect your company’s assets

  • Greater capital contribution leading to greater stability of business

  • Increases the potential to grow big and expand the business