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    <title>Whether two separate application fees required for reversion to status of private company</title>
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    <description>A company that became public by operation of the conversion provision may revert to private status by filing a single application to the Central Government under that conversion provision; no separate Central Government approval under the general articles-approval provision is required and therefore only one application fee is payable. Before applying, the company must ensure its articles meet private company requirements, reinserting any deleted clauses by a special resolution as a preparatory step to the conversion application.</description>
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      <title>Whether two separate application fees required for reversion to status of private company</title>
      <link>https://www.taxtmi.com/circulars?id=10811</link>
      <description>A company that became public by operation of the conversion provision may revert to private status by filing a single application to the Central Government under that conversion provision; no separate Central Government approval under the general articles-approval provision is required and therefore only one application fee is payable. Before applying, the company must ensure its articles meet private company requirements, reinserting any deleted clauses by a special resolution as a preparatory step to the conversion application.</description>
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      <pubDate>Fri, 19 May 1972 00:00:00 +0530</pubDate>
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