Alteration of articles
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.... (a) a private company into a public company; or (b) a public company into a private company: Provided that where a company being a private company alters its articles in such a manner that they no longer include the restrictions and limitations which are required to be included in the articles of a private company under this Act, the company shall, as from the date of such alteration, cease....
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....n a period of fifteen days in such manner as may be prescribed, who shall register the same. (3) Any alteration of the articles registered under sub-section (2) shall, subject to the provisions of this Act, be valid as if it were originally in the articles. *************** NOTES:- 1. Substituted vide Section 5 of the Companies (Amendment) Act, 2019&nbs....
TaxTMI
TaxTMI