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<h1>Not for profit company conversion requires a special resolution, detailed explanatory statement, and regulatory filings for approval.</h1> Conversion of a not for profit company into another kind of company requires a special resolution and a detailed explanatory statement in the meeting notice explaining incorporation details, principal objects, reasons why the current structure is unsuitable, proposed alterations to objects, privileges or concessions enjoyed (including concessional property acquisitions and conditional donations), and impact on members. A certified copy of the resolution and the notice with the explanatory statement must be filed with the Registrar; a formal application with attachments and fee must be submitted to the Regional Director, with proof of service to specified authorities and an electronic intimation to the Registrar.