Conversion of unlimited liability companies: new procedural and documentary requirements for conversion and related disclosures. Rules restrict a natural person from being member or nominee of more than one One Person Company; require consent where a proposed company name includes a registered or applied-for trade mark; permit typed particulars if signed or thumb-impressed; exempt updated DIN holders from attaching identity and residence proofs when declared; mandate website disclosure of company name and contact details; allow shifting of registered office where inquiries conclude with no prosecution; and set detailed procedural, documentary and solvency requirements for conversion of unlimited liability companies into companies limited by shares or guarantee, including creditor notice, director and auditor declarations, NOC requirements, and Registrar decision timelines.
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Conversion of unlimited liability companies: new procedural and documentary requirements for conversion and related disclosures.
Rules restrict a natural person from being member or nominee of more than one One Person Company; require consent where a proposed company name includes a registered or applied-for trade mark; permit typed particulars if signed or thumb-impressed; exempt updated DIN holders from attaching identity and residence proofs when declared; mandate website disclosure of company name and contact details; allow shifting of registered office where inquiries conclude with no prosecution; and set detailed procedural, documentary and solvency requirements for conversion of unlimited liability companies into companies limited by shares or guarantee, including creditor notice, director and auditor declarations, NOC requirements, and Registrar decision timelines.
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