Voluntary conversion of OPC into Private company

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....oluntary conversion of OPC into Private company<br> Query (Issue) Started By: - Amar Kumar Dated:- 18-12-2017 Last Reply Date:- 2-1-2018 Corporate Laws / SEBI / LLP<br>Got 1 Reply<br>Companies Law<br>....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Hello members, An OPC (incorporated six months ago) wants to convert itself into private company. Neither the paid-up capital nor the turnover as prescribed under Rule 6(1) of the Companies Incorpor....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ation Rules, 2014 is exceeding. Can it voluntarily convert itself? Thanks. Reply By MARIAPPAN GOVINDARAJAN: The Reply: In my opinion you may raise the capital and converted into private company si....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nce the limit is prescribed under Rule 6(1) even though there is no limit prescribed for minimum capital for private company.<br> Discussion Forum - Knowledge Sharing ....