Conversion of section 8 company requires Regional Director approval, creditor NOCs, auditor certified assets statement, and regulatory approvals. Form INC 18 requires Regional Director approval for converting a section 8 company into another company type, detailing corporate identity, licence number, objects, reasons for conversion, directors, regulatory status, creditor NOCs, and attachments including auditor certified statement of assets and liabilities, regulatory approvals, and proof of payment for concessional property transfers.
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Provisions expressly mentioned in the judgment/order text.
Conversion of section 8 company requires Regional Director approval, creditor NOCs, auditor certified assets statement, and regulatory approvals.
Form INC 18 requires Regional Director approval for converting a section 8 company into another company type, detailing corporate identity, licence number, objects, reasons for conversion, directors, regulatory status, creditor NOCs, and attachments including auditor certified statement of assets and liabilities, regulatory approvals, and proof of payment for concessional property transfers.
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