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of <h1>Private Company Conversion to Public: No New Director Approval Needed, But Sections 198, 255, 309, 310, 311 Apply.</h1> Government approval is not required for a managing or whole-time director of a private company when it converts into a public company under section 43A, as no new appointment occurs. However, the restrictions in sections 198, 255, 309, 310, and 311 will automatically apply to the company from the date of conversion or when it is deemed a public company under section 43A. These sections impose various regulatory requirements and restrictions on the company and its directors post-conversion.
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