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    <title>NOTICE INVITING COMMENTS ON THE DRAFT COMPANIES (Incorporation) Second AMENDMENT RULES 2016</title>
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    <description>Rule 37 requires a special resolution to convert an unlimited liability company into a limited liability company, publication of a notice within seven days and dispatch to creditors with 21 days for objections, and filing Form INC-27 within sixty days with specified attachments including creditor lists, altered constitutional documents, director declarations, a solvency declaration, and a statutory auditor&#039;s certificate. The Registrar decides the application on merits; objections must be resolved by consent, discharge, determination or security. On approval, Form INC-11A is issued; post-conversion restrictions and explicit ineligibility criteria are prescribed.</description>
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      <description>Rule 37 requires a special resolution to convert an unlimited liability company into a limited liability company, publication of a notice within seven days and dispatch to creditors with 21 days for objections, and filing Form INC-27 within sixty days with specified attachments including creditor lists, altered constitutional documents, director declarations, a solvency declaration, and a statutory auditor&#039;s certificate. The Registrar decides the application on merits; objections must be resolved by consent, discharge, determination or security. On approval, Form INC-11A is issued; post-conversion restrictions and explicit ineligibility criteria are prescribed.</description>
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