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of <h1>Companies Act 2013: Convert Company Class by Altering Memorandum and Articles, Debts and Contracts Unaffected</h1> A company registered under the Companies Act, 2013, can convert into another class by altering its memorandum and articles in accordance with the relevant provisions. Upon application, the Registrar, after ensuring compliance with these provisions, will close the company's former registration and issue a new certificate of incorporation. This conversion does not affect any pre-existing debts, liabilities, obligations, or contracts, which remain enforceable as if the conversion had not occurred.
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