Public Limited Company to Private Limited Company
The relaxations which are provided to a Private Company, have attracted many Public Companies to convert them into Private Companies. For Conversion of Public Company into Private Limited Company foremost requirement is Alteration in Memorandum of Association And Article of Association of the Company. Further, public companies need to comply some regulatory and compliance requirements, hence by Converting to a private company increases flexibility, reduces compliance and reporting requirements.
- *file within 15 days from the date of Board Resolution