23 Feb 2019

CONVERSION FROM PRIVATE LIMITED COMPANY TO PUBLIC LIMITED COMPANY

 CONVERSION FROM PRIVATE LIMITED COMPANY TO PUBLIC LIMITED COMPANY

Part I - Conversion of Public Company into Private Company or Private Company into Public Company

 

Printed copy of the altered articles, within a period of fifteen days in such manner as may be prescribed, who shall register the same.

Any alteration of the articles registered under sub-section (2) shall subject to the provisions of this Act, be valid as if it were originally in the articles.

 Rule 33:

(1) For effecting the conversion of a private company into a public company or vice versa, the application shall be filed in Form No.INC-27 with fee.

(2) A copy of order of the competent authority approving the alteration, shall be filed with the Registrar in Form No. INC-27 with fee together with the printed copy of the altered articles within fifteen days of the receipt of the order from the Central Government. 

Part II - Important Points for Successful Submission  

 

Fee Rules:

 

Sl. No.

Purpose of the Form

Event Date

Time Limit (Days) for Filing

1.

Conversion of private company into public company

Date of passing the special resolution

15 days

2.

Conversion of public company into private company

Date of receiving the order of competent authority

15 days

 

Fees payable is subject to changes in pursuance of the Act or any rule or regulation made or notification issued thereunder.

Certificate:

Fresh certificate of incorporation consequent upon conversion from public company to private company or vice versa is generated and sent to the user as an attachment to the email.

 

Part III - The Companies (Fee for filings with Registrar of Companies) Rules, 2014

 

Fees (In Case of Company Having Share Capital)

 

Nominal Share Capital

Fee Applicable

Less than 1,00,000

Rs. 200

1,00,000 to 4,99,999

Rs. 300

5,00,000 to 24,99,999

Rs. 400

25,00,000 to 99,99,999

Rs. 500

1,00,00,000 or more

Rs. 600

 

Fees (In Case of Company Not Having Share Capital): Rs. 200

Additional Fee Rules

Period of Delay

All Forms

Up to 30 days

2 times of normal fees

More than 30 days and up to 60 days

4 times of normal fees

More than 60 days and up to 90 days

6 times of normal fees

More than 90 days and up to 180 days

10 times of normal fees

More than 180 days

12 times of normal fees