Conversion of unlimited liability to limited liability: public notice invites objections and prompts application to Central Government for confirmation. Conversion of an unlimited liability company into a limited liability company requires an application to the Central Government under Section 18 of the Companies Act, 2013 following a special resolution altering the Memorandum of Association; the company must publish a newspaper notice and any person whose interest is likely to be affected may deliver objections supported by an affidavit to the Registrar of Companies within the prescribed period and send a copy to the applicant company at its registered office.
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Conversion of unlimited liability to limited liability: public notice invites objections and prompts application to Central Government for confirmation.
Conversion of an unlimited liability company into a limited liability company requires an application to the Central Government under Section 18 of the Companies Act, 2013 following a special resolution altering the Memorandum of Association; the company must publish a newspaper notice and any person whose interest is likely to be affected may deliver objections supported by an affidavit to the Registrar of Companies within the prescribed period and send a copy to the applicant company at its registered office.
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