Conversion of public company to private requires prescribed filings, creditor notices, managerial declarations and Regional Director approval. Application for conversion requires filing with the Regional Director in the prescribed form along with amended Memorandum and Articles, meeting minutes and board authorisation, managerial declarations on member limit, deposits and statutory compliance, a detailed list of creditors and debenture holders supported by an affidavit of directors and company secretary, and prior public and individual notices. The Regional Director reviews completeness, may call for further information with limited re submissions, hold hearings on objections, and directs filing of the approval order with the Registrar upon grant.