Registration requirements for entities converting to companies: prescribed filings, director verification and secured creditor No Objection Certificates required. Registration under section 366 applies Chapter II incorporation rules mutatis mutandis and requires filing Form URC 1 with specified attachments depending on the converting entity: lists of partners/members and proposed first directors with DIN and consents, constitutive instruments or partnership deeds (including historical revisions), a No Objection Certificate from secured creditors/charge holders if applicable, and the latest income tax return; societies and trusts must additionally supply certified registration documents, governing body particulars, object declarations and undertakings to comply with restrictions. Verification by declarations of two or more proposed directors (or designated/authorised partners) and dissolution undertakings to prior registrars are required.
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Provisions expressly mentioned in the judgment/order text.
Registration requirements for entities converting to companies: prescribed filings, director verification and secured creditor No Objection Certificates required.
Registration under section 366 applies Chapter II incorporation rules mutatis mutandis and requires filing Form URC 1 with specified attachments depending on the converting entity: lists of partners/members and proposed first directors with DIN and consents, constitutive instruments or partnership deeds (including historical revisions), a No Objection Certificate from secured creditors/charge holders if applicable, and the latest income tax return; societies and trusts must additionally supply certified registration documents, governing body particulars, object declarations and undertakings to comply with restrictions. Verification by declarations of two or more proposed directors (or designated/authorised partners) and dissolution undertakings to prior registrars are required.
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