Conversion of public company into private company- RD authorised one step towards ease of doing business but there seems legal hurdles. Separate laws relating to different type of companies is need of hour to really extend ease of doing business. https://www.taxtmi.com/article/detailed?id=8295 A government notification delegates to Regional Directors powers to approve conversions from public to private companies to advance ease of doing business, but a statutory proviso conditions any such conversion on approval of the Tribunal, raising a legal tension about whether administrative delegation can displace the Tribunal approval requirement or whether further legislative or procedural steps are necessary. en-us Tue, 25 Dec 2018 08:10:43 +0530 Thu, 31 Jul 2025 14:46:40 +0530 TaxTMI RSS Generator Conversion of public company into private company- RD authorised one step towards ease of doing business but there seems legal hurdles. Separate laws relating to different type of companies is need of hour to really extend ease of doing business. https://www.taxtmi.com/article/detailed?id=8295 A government notification delegates to Regional Directors powers to approve conversions from public to private companies to advance ease of doing business, but a statutory proviso conditions any such conversion on approval of the Tribunal, raising a legal tension about whether administrative delegation can displace the Tribunal approval requirement or whether further legislative or procedural steps are necessary. Articles Corporate Laws / IBC / SEBI Tue, 25 Dec 2018 08:10:43 +0530 https://www.taxtmi.com/article/detailed?id=8295