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Public Limited to Private Limited


@ 19999/-



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Convert a Public Limited Company to Private Limited Company

Convert a Public Limited Company to a Private Limited Company, you can consolidate the ownership of your company from the general public back into the hands of a selected few!

Introduction

In India, the share transferability of a private limited company is limited to 50 shareholders, and they are restricted from freely trading their shares with the general public. However, a Public Limited Company does not suffer such limitations and its shares may be freely traded amongst the general public. Sign up to Convert a Public Limited Company to a Private Limited Company Service today, so that your company can shed the liabilities & compliances of a Public Company and emerge as a Private Company. With our team working for you, you can focus on the impending transition, and acquiring funding for the same. Sign up today! 

Distinctions between Private Limited and Public Limited Companies

Private CompaniesPublic Companies
Transfer of shares to only a few investorsMay offer shares to the general public
Cannot be listedCan be listed
Lower Compliance requirementsHigher Compliance requirements

 

Procedure Of Converting Public Limited Company To Private Limited Company

  • Convene and hold Board meetings and pass a resolution for conversion of Public Company to Private Company.

  • Draft Notice of EGM, Convene EGM and pass a special resolution.

  • File E form MGT 14 with ROC within 30 days.

  • File E-form RD-1.

Necessary Documentation For Converting Public Limited Company To Private Limited Company

  • Copy of MOA and AOA.

  • Board and General Meeting Resolutions.

  • Minutes of General Meeting.

  • Attendance sheet.

  • Affidavit.

  • Newspaper advertisement.

Registration Process

Registration Procedure For Converting Public Limited Company To Private Limited Company

eStartIndia will help you to Convert a Public Limited Company to Private Limited Company from the comfort of your home, offering you services that are very specialized and tailored for each individual.

Get a Free Consultation for Company conversion with Our Top Rated Experts with a simple registration.

Step 1

You sign up for our Conversion from Public Limited Company to Private Limited Company service, and our financial & legal experts engage in consultations with you in order to collect the necessary information and work on the same

Step 2

Post consultations, our team shares a draft of required actions with you, preparing the necessary documentation such as the Board Resolutions

Step 3

Once the Resolutions are passed and all necessary documentation is compiled, our legal experts take care of the filing with the MCA.

Package

Basic

19999 /-

    Convert Public Limited Company to Private Limited Company with free and continuous Expert Support

(Professional Fees)



FAQs

Why E form RD- is filed?

Form RD-1 is filed with the Regional Director for approval of the `conversion of Public company to Private Company.

Is there any time limit for filing form RD-?

Yes, Form RD-1 is filed within 60 days of the passing of the special resolution.

Is there any format of newspaper advertisement?

Yes, Newspaper advertisement is given in E form INC -25 A in at least once in a vernacular newspaper in the principal vernacular language of the district in which the registered office of the company is situated, and at least once in English language in an English newspaper circulating in that district. (Widely Circulated in the State in which the registered office of the company is situated)



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