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of <h1>Converting an LLP or other entity into a company: creditor consent, public notices, affidavits, and automatic dissolution.</h1> A company seeking registration under this Part must obtain prior consent or no-objection from its secured creditors, publish prescribed notices in one English and one vernacular newspaper inviting objections and address any objections received, and file a notarised affidavit from all members or partners undertaking to submit requisite documents to the earlier registering authority to effect dissolution of the pre-existing entity (such as a partnership firm, LLP, cooperative society, society, or other business entity). It must also satisfy any other prescribed conditions. On registration as a company under this Part, an LLP incorporated under the Limited Liability Partnership Act, 2008 is deemed dissolved under that Act without any further act or deed, effecting automatic dissolution upon conversion.
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