What is Private Ltd Company to Public Ltd Company?

Conversion to a Private Company under theCompanies Act, 2013. The procedure forconversion from one company to the other is expounded within the Act with certain statutory requirements such as alteration of the Memorandum of Association (MOA) and Articles of Association (AOA) of the company.

Minimum Requirements for conversion

• DSC for 1 Director
• Minimum 7 Shareholders
• DIN for all directors
• Minimum Authorized Share Capital of Rs 5lacs
• Minimum Paid up Share Capital of Rs.5lacs
• Director and shareholder can be the same person
• Minimum 3 Directors