https://www.taxtmi.com/caselaws?id=344469 The Tribunal approved the conversion of a Public Limited Company to a Private Limited Company under Section 14 of the Companies Act, 2013. The company's decision to convert was supported by a Special Resolution passed at an Extra-ordinary General Meeting. Following compliance with NCLT Rules, 2016 and regulatory requirements, including obtaining necessary approvals and certificates, the Tribunal found no objections and granted approval for the conversion. The judgment highlighted the importance of meeting legal obligations and ensuring shareholder and regulatory compliance in such conversions, safeguarding the interests of the company, members, and creditors. en-us Tue, 09 May 2017 00:00:00 +0530 Mon, 19 Jun 2017 07:00:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344469 The Tribunal approved the conversion of a Public Limited Company to a Private Limited Company under Section 14 of the Companies Act, 2013. The company's decision to convert was supported by a Special Resolution passed at an Extra-ordinary General Meeting. Following compliance with NCLT Rules, 2016 and regulatory requirements, including obtaining necessary approvals and certificates, the Tribunal found no objections and granted approval for the conversion. The judgment highlighted the importance of meeting legal obligations and ensuring shareholder and regulatory compliance in such conversions, safeguarding the interests of the company, members, and creditors. Case-Laws Companies Law Tue, 09 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344469