Conversion to One Person Company requires special resolution, member and creditor consent and Registrar approval upon prescribed filings. A private company, other than a section 8 company, may convert into a One Person Company by passing a special resolution after obtaining written no-objection from members and creditors; it must file the special resolution in Form MGT.14 within thirty days and apply in e Form INC-6 with prescribed fees attaching altered e MOA and e AOA, creditors' NOCs and a directors' affidavit, whereupon the Registrar, after examining the latest audited financial statement and compliance with requirements, will approve the form and issue a certificate.
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Conversion to One Person Company requires special resolution, member and creditor consent and Registrar approval upon prescribed filings.
A private company, other than a section 8 company, may convert into a One Person Company by passing a special resolution after obtaining written no-objection from members and creditors; it must file the special resolution in Form MGT.14 within thirty days and apply in e Form INC-6 with prescribed fees attaching altered e MOA and e AOA, creditors' NOCs and a directors' affidavit, whereupon the Registrar, after examining the latest audited financial statement and compliance with requirements, will approve the form and issue a certificate.
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