Public to a private limited company
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1
Step 1
The board meeting is called for the conversion
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2
Step 2
The special resolution is drafted in the meeting and the changes are proposed in MOA and AOA.
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3
Step 3
The date of the Extra ordinary meeting is decided and every member is intimated about the same
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4
Step 4
The date and notice about the EGM is issued to every member if the company.
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5
Step 5
In an EGM approval of the conversion takes place and the special resolution is passed. Every shareholder of the company has a say for their vote about the same.
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6
Step 6
There are various forms that need to be filled for the conversion of the Public to the Private limited company which are then submitted to the ROC.
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7
Step 7
The total process takes 30 days during which the articles of association as well as the Memorandum of Association are approved and the conversion is made.
