Limited company to Private limited company

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....imited company to Private limited company<br> Query (Issue) Started By: - Pradip Sirsat Dated:- 9-2-2015 Last Reply Date:- 12-2-2015 Corporate Laws / SEBI / LLP<br>Got 7 Replies<br>Companies Law<br>Dear All, kindly provide any notification regarding name change from Limited Company to Private limited company.what is applicability for limited company and Private limited company, Thanks in advace ....

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.... Pradip Sirsat Reply By MARIAPPAN GOVINDARAJAN: The Reply: Do you mean the conversion of Public limited company to Private Limited company? Reply By Pradip Sirsat: The Reply: yes sir, actually now we are working in LIMITED COMPANY and message come from our head office that our company name is change form Limited company to Private limited. hence, i want to know why it is change? Reply By Na....

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....veed S: The Reply: The Most Important Reason for conversion of a limited company into an private limited company is on the tax front. Reply By Pradip Sirsat: The Reply: Naveed ji, thanks for your reply, it will be very helpful for me if you give detail with example Reply By MARIAPPAN GOVINDARAJAN: The Reply: The private company has more privileges than the public limited company which may le....

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....ad to the conversion of a public limited company to a private limited company. The compliance of Company Law is less than for the private companies than the public limited companies. Reply By Naveed S: The Reply: Sir, the benefits of private company are Tax benefits, exempt from surcharge and also not liable to pay Dividend Distribution Tax, Easy to manage and run, Less Government Intervention, ....

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....Easy to dissolve or wind-up, Audit requirement only in case of contributions exceeding &#8377; 25 lacs or turnover exceeding &#8377; 40 lacs. There are various and numerous reasons for such change; however the specific reason may be known from the company itself. Reply By MUKUND THAKKAR: The Reply: Due to frequently changes in company law. to avoid more government compliance. reverse route may ....

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....be select.<br> Discussion Forum - Knowledge Sharing ....