Lecture 08

Procedure for Conversion of Private Limited Company to Public Limited Company
We provide an easy procedure for the conversion. Our job is to simplify the legal work for our clients and meet their expectations. Through the following series of steps, a private limited company could be converted to a public limited:
• First and foremost, interested clients have to simple our form to avail of the service. The form requires basic details regarding the company, its registration, and so forth.
• Since certain requirements have to be met before a public company can be incorporated, our experts will verify and check the mentioned details. If all the requirements mentioned in the Companies Act 2013 are met, the process is taken further.
• Our experts will then alter and amend the AOA and MOA of the client’s company. It is necessary to add and remove certain information and details from these documents. The documents will be drafted thoroughly and they will be made in the required legal format.
• After making the necessary changes, the documents are submitted to the Registrar of Companies. The required fee is submitted and the approval is awaited.
• As soon as the company is incorporated as a public limited company, the digital signature certificates and other necessary documents are forwarded to the clients.
The whole process takes up to 40 days. All the work is done on time and the clients are updated regularly.
Documents required for Conversion to Public Company
For the process to be completed, certain documents will be needed. The legal documents are meant to verify and certify the identity of the company. These include:
• Copy of PAN card of the Directors.
• Copy of Aadhar Card of other valid identity proof of the Directors.
• Recent bills of electricity or water for address confirmation.
• Passport size photographs of the Directors.
• Papers related to property owned by the company; etc.
These are some of the documents that will be required during the process. All the required documents will be taken at once and our clients will not be vexed during the process. Other documents such as DIN of every director will be needed. The minimum paid-up capital of the newly incorporated public company should be 5 lakhs. If the capital requirement is not met, the private company cannot be converted into a public company.