Procedure of Conversion
The first step is to convene the Board Meeting and get the approval of Directors for conversion by altering the AOA of company
Convene the meeting of Shareholders and obtain the prior approval for conversion of Public to Private and alteration of Memorandum and Articles of Company
File Form MGT-14 within 30 days with copies of Special Resolution and Explanatory Statements, and printed altered Articles and Memorandum
The Petition to be filed to Regional Director is to be advertised in 1 vernacular newspaper and 1 English newspaper having widely circulation in the state of Registered Office Company
File the Petition in Form RD-1 within 60 days from passing of Special Resolution with copy of altered Memorandum and Articles, minutes of General Meeting, Board Resolution for conversion
Once RD approves the conversion, the company need to file Form INC-28 with the concerned ROC along with copy of order within 30 days of order.