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          <h1>OPC Conversion to Private/Public Company: Requirements and Process under Section 122(3) of the Companies Act Explained.</h1> A One Person Company (OPC) can convert into a private or public company by altering its memorandum and articles through a resolution as per section 122(3) of the Companies Act. The OPC must increase its members and directors to at least two or seven members and two or three directors, respectively, and meet the minimum paid-up capital requirements. The conversion process involves filing an application in e-Form No. INC-6, along with necessary fees and documents. Upon compliance, the Registrar will approve the conversion and issue a certificate. Non-compliance may result in fines.

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