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of <h1>Petition to Convert Public Company to Private Requires Section 14 Compliance, Creditor Notification, and Tribunal Approval</h1> A petition for converting a public company into a private company under section 14 of the Companies Law must be filed to the National Company Law Tribunal at least three months after passing a special resolution. The petition should include details of board and general meetings, company status, member attendance, and reasons for conversion. A list of creditors and debenture holders must accompany the petition, verified by affidavit. The company must advertise the petition and notify creditors, debenture holders, and relevant authorities. Objections must be addressed before the hearing. The Tribunal may disallow conversion if it contravenes the Act's provisions.
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