Alteration of articles requires Central Government approval when converting a public company into a private company. Alteration of articles converting a public company into a private company requires the company to apply to the Central Government for approval, using the prescribed form (or a form as near thereto as circumstances admit), within the statutory time period measured from the date when the special resolution effecting the alteration was passed. The requirement couples passage of a special resolution with subsequent Central Government approval in specified form as a compliance condition for such conversion.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Alteration of articles requires Central Government approval when converting a public company into a private company.
Alteration of articles converting a public company into a private company requires the company to apply to the Central Government for approval, using the prescribed form (or a form as near thereto as circumstances admit), within the statutory time period measured from the date when the special resolution effecting the alteration was passed. The requirement couples passage of a special resolution with subsequent Central Government approval in specified form as a compliance condition for such conversion.
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