https://www.taxtmi.com/circulars?id=10855 Companies whose three year relevant period meets the average annual turnover threshold are classified into three sub clauses under Explanation (a). If the third financial year of the relevant period ends on or after 31 10 1974 but not after 31 1 1975, conversion to a public company occurs three months after that third year end. If the first or second year of the relevant period ends on 1 2 1975, conversion occurs three months after the third year end. If the relevant period falls after 1 2 1975, conversion occurs three months after the third year end. en-us Mon, 23 Jun 1975 00:00:00 +0530 Fri, 17 Jun 2011 14:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10855 Companies whose three year relevant period meets the average annual turnover threshold are classified into three sub clauses under Explanation (a). If the third financial year of the relevant period ends on or after 31 10 1974 but not after 31 1 1975, conversion to a public company occurs three months after that third year end. If the first or second year of the relevant period ends on 1 2 1975, conversion occurs three months after the third year end. If the relevant period falls after 1 2 1975, conversion occurs three months after the third year end. Circulars Companies Law Mon, 23 Jun 1975 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10855