Home / Services We help you in creating a strong foundation of your business View More Close Public Limited Company     Close public Limited Company Close Public Limited Company can be expedited if the partners are guided through the complex steps. Introduction Since a company has its own separate existence, meeting regulatory compliances and existing apart from its directors and shareholders, it also has its own method of ceasing to exist, rather than an inoperative company simply ceasing to exist. A company whose shares may be traded freely amongst the public is referred to as a Public Limited Company, and it may be listed/unlisted on stock exchanges. It requires at least 3 directors for its operation. A Public Company may shut down if the Company needs to undergo liquidation in order to pay off creditors, or if the members of the Company wish to close it. Broadly, the dissolution of a Public Company occurs in three stages: a Dissolution Resolution must be adopted by 75% of the shareholders, post which an application should be sent to the RoC containing the necessary documentation; this application is followed by liquidation, which often is the most complex step requiring careful oversight; Finally, the expunged from the records of the MCA, at which point it ceases to remain in existence. Filing a closing application with the Registrar is required as only after the MCA’s records are updated is a Company free from all legal compliances and officially closed. Requirements for closing a public Company are tedious procedural steps, so leave the work of figuring them out to our experts by signing up for our Public Company Closure service today, so that you can focus on life ahead of your earlier Public Company!   Why Close your Public Company? Public Companies are generally closed for the following reasons – Only the director of an officially closed Public Company is no longer bound to the regulatory compliances required for the same; A closed Public Company no longer incurs any fines or penalty, and cannot cause a debarment of its director from moving forward and starting a new company or LLP; Closing is a simple procedure for inoperative Public Companys and a required step in order to extinguish any liabilities.   Click here to read more about “Close Limited liability Partnership”.   Documents required for Close Public Limited Company Application for Striking off of the Public Company. Board Resolution approving the closure. Consent of Directors. Director’s Affidavit. Indemnity Bond. Statement of Assets and Liabilities. Form FTE (in case the FTE scheme is being applied under). Up to Date Form 8 & 11. For Your Assistance- Upon signing up for our Public Company Closing service, our business experts review the activities of your company, and determine the documents required for the commencing the winding up; After successfully going through a consultation, our team shall prepare an advisory helping you with the necessary steps and draft the necessary paperwork. Once the required documentation is compiled, our legal team would file the same with the Ministry of Corporate Affairs. FAQs Why is Roc filing mandatory after closing a Public Company? Closure filings are necessary so that the MCA may update its records, and officially close the Public Company so that it is free from all legal compliances. Unless such filing occurs, the Public Company remains functional and is obligated to meet regulatory compliances, the default of which would incur liabilities to its partners.     How many shareholders must approve an application for dissolution?  The law requires at least 75% of the total shareholders to approve such an application. Related Services Close Public Limited Company. Read More Close Limited Liability Partnership Read More Close Private Limited Company Read More Close One Person Company Read More Load More

Home / Services We help you in creating a strong foundation of your business View More Close Limited Liability Partnership     Close Limited Liability Partnership A tedious but necessary process Close Limited Liability Partnership, enlist our help to reduce your headache. Introduction Since a company has its own separate existence, meeting regulatory compliances and existing apart from its directors and shareholders, it also has its own method of ceasing to exist, rather than an inoperative company simply ceasing to exist. Such voluntary winding up may be initiated by any shareholder, and in case the motion passes, outstanding dues must be first paid out to secured/unsecured creditors as well as employees on the payroll. Once such dues are settled, the bank accounts of the company must be closed, and it must surrender any official registrations it may hold. Any overdue compliances must also be met before an application petition for winding up can be submitted to the Ministry of Corporate Affairs. Requirements for winding down a company are tedious procedural steps, so leave the work of figuring them out to our experts by signing up for our Company Closing service today, so that you can focus on life ahead of your earlier Company!   Why Close Limited Liability Partnership Company? Companies are generally closed for the following reasons – Officially closed companies are no longer bound to maintain regulatory compliances. A closed company no longer incurs any fines or penalty, and cannot cause a debarment of directors from moving forward and starting a new company or LLP. Closing is a simple procedure for inoperative companies and a required step in order to extinguish any liabilities.   Documents required for Close Limited Liability Partnership Application for Striking off of the Company. Board Resolution for closure. Consent of Directors. Director’s Affidavit. Indemnity Bond. Statement of Assets and Liabilities. Form FTE (in case the FTE scheme is being applied under). Up to Date Form 8 & 11. Click here to read more about “Close Private Limited Company” Registration Process Upon signing up for our Company Closing service, eStartIndia will help you to register and our team of business experts will review the activities of your company, and determine the documents required for commencing the winding up. After successfully going through a consultation, our team will prepare an advisory helping you with the necessary steps and draft the necessary paperwork. Once the required documentation is compiled, our legal team would file the same with the Ministry of Corporate Affairs. Get a free consultation for any kind of registration with our top-rated experts with a single registration. Step 1 You sign up for our Employee stock option plan Services, and we put you in touch with our business, financial and legal experts, who engage you in consultations in order to understand your needs Step 2 Post consultations, our team prepares an advisory recommending the documentation and steps required for implementing a plan that you find attractive Step 3 Once a plan is mapped out, our team of experts are left with the worries of managing the implementation of the ESOP, while you are left free to manage your team. Sign up now!   FAQs Why is RoC filing mandatory after closing a LLP? Closure filings are necessary so that the MCA may update its records, and officially close the LLP, so that it is free from all legal compliances. Unless such filing occurs, the LLP remains functional and is obligated to meet regulatory compliances, a default of which would incur liabilities to its partners.     What is the time limit to file closure documents? The law requires RoC filing to happen within 30 days of the signing of the Statement of Assets and Liabilities.   Related Services Close Limited Liability Partnership Read More Close Private Limited Company Read More Close One Person Company Read More Employee Stock Option Plan Read More Load More

Home / Services We help you in creating a strong foundation of your business View More Close Private Limited Company     Close Private Limited Company A tedious but necessary process, enlist our help to reduce your headache. Introduction Since a company has its own separate existence, meeting regulatory compliances and existing apart from its directors and shareholders, it also has its own method of ceasing to exist, rather than an inoperative company simply ceasing to exist. Such voluntary winding up may be initiated by any shareholder, and in case the motion passes, outstanding dues must be first paid out to secured/unsecured creditors as well as employees on the payroll. Once such dues are settled, the bank accounts of the company must be closed, and it must surrender any official registrations it may hold. Any overdue compliance must also be met before an application petition for winding up can be submitted to the ROC. Requirements for winding down a company are tedious procedural steps, so leave the work of figuring them out to our experts by signing up for our Company Closing service today, so that you can focus on life ahead of your earlier Company!   Why Close your Company? Companies are generally closed for the following reasons – Officially closed companies are no longer bound to maintain regulatory compliances. A closed company no longer incurs any fines or penalty, and cannot cause a debarment of directors from moving forward and starting a new company or LLP. Closing is a simple procedure for inoperative companies and a required step in order to extinguish any liabilities.   Documents required for Close Private Limited Company Board meeting Resolution Notice of EGM Special Resolution in EGM Notice to Registrar for the appointment of Liquidator Notice in Official Gazette Advertisement in newspaper Filing of statement of affairs Filing of form MGT 14 Registration Process Upon signing up for our Company Closing service, our business experts review the activities of your company and determine the documents required for commencing the winding up. After successfully going through a consultation, our team shall prepare an advisory helping you with the necessary steps and draft the necessary paperwork. Once the required documentation is compiled, our legal team would file the same with the ROC. Step 1 You sign up for our Employee stock option plan Services, and we put you in touch with our business, financial and legal experts, who engage you in consultations in order to understand your needs Step 2 Post consultations, our team prepares an advisory recommending the documentation and steps required for implementing a plan that you find attractive Step 3 Once a plan is mapped out, our team of experts are left with the worries of managing the implementation of the ESOP, while you are left free to manage your team. Sign up now!   FAQs What is the time limit for filing form MGT ? MGT 14 is filed within 30 days of passing of the special resolution. What is statement of affairs? Statement of affairs is the document which gives a detailed account of the assets and liabilities of the Company and is a necessary document in the winding up of a Company.   Within what time newspaper advertisement and official Gazette notification is given? Within 14 days of passing of resolution newspaper advertisement; and a notice of the resolution is given in Official Gazette is given. Within what time notice is given to registrar for appointment of Liquidator? Notice is given to Registrar within 10 days of passing of Special Resolution. Related Services Close Private Limited Company Read More Close One Person Company Read More Employee Stock Option Plan Read More OPC to Private Limited Read More Load More

Home / Services We help you in creating a strong foundation of your business View More Close One Person Company     Close One Person Company can be expedited if the directors are guided through the complex steps. Introduction Since a company has its own separate existence, meeting regulatory compliances and existing apart from its directors and shareholders, it also has its own method of ceasing to exist, rather than an inoperative company simply ceasing to exist. When a company is run by a sole owner with the benefit of limited liability, it operates as a One Person Company, a separate legal entity from its members, thus offering protection to its shareholders & the person in charge. If an OPC has been inoperative for more than a year from its date of incorporation, it can apply for its closing. Requirements for closing an OPC are tedious procedural steps, so leave the work of figuring them out to our experts by signing up for our OPC Closure service today, so that you can focus on life ahead of your earlier OPC! eStartIndia will help you in a close one person company from the comfort of your home, offering you services that are very specialized and tailored for each individual. Get a free Consultation for Company registration with Our Top Rated Experts with a simple registration.   Why Close One Person Company? OPCs are generally closed for the following reasons – Only the director of an office Closing OPC is no longer bound to the regulatory compliances required for the same. Closing is a simple procedure for inoperative OPCs and a required step in order to extinguish any liabilities.   Documents required for Close one person company Payment of all debts. Getting NOCs from Creditors. Filing of form STK-2 for the closure of the OPC.   Click here to read more about “Close Private Limited Company” Click here to read more about “Payroll Services”   Registration Process Upon signing up for closing OPC service, our business experts review the activities of your firm and determine the documents required for the commencing the winding up. After successfully going through a consultation, our team shall prepare an advisory helping you with the necessary steps and draft the necessary paperwork. Once the required documentation is compiled, our legal team would file the same with the Ministry of Corporate Affairs. Step 1 You sign up for our Employee stock option plan Services, and we put you in touch with our business, financial and legal experts, who engage you in consultations in order to understand your needs Step 2 Post consultations, our team prepares an advisory recommending the documentation and steps required for implementing a plan that you find attractive Step 3 Once a plan is mapped out, our team of experts are left with the worries of managing the implementation of the ESOP, while you are left free to manage your team. Sign up now!   FAQs Why is RoC filing mandatory after closing a One Person Company? Closure filings are necessary so that the MCA may update its records, and officially close the OPC so that it is free from all legal compliances. Unless such filing occurs, the OPC remains functional and is obligated to meet regulatory compliances, a default of which would incur liabilities to its partners.   Is there any fee for filing form STK-? Yes the fees for filing form STK- 2 is Rs. 5000/-.   What are the attachments to form STK-? Following are the attachments to form STK-2: A statement of accounts showing the assets and liabilities of the Company made up to a day, not more than thirty days before the date of application and certified by a Chartered Accountant; Copy of Board resolution authorizing the filing of this application; Copy of special resolution passed or copies of consent obtained under sub-section (2) of section 248, as applicable; Indemnity bonds [to be given individually or collectively by the director(s)] in Form No. STK-3; Affidavit in Form No. STK-4; Copy of order of the concerned regulatory authority, if any, approving the filing of this application; Copy of relevant order for delisting, if any, from the concerned Stock Exchange Related Services Close One Person Company Read More Employee Stock Option Plan Read More OPC to Private Limited Read More Public Limited to Private Limited Read More Load More

Home / Services We help you in creating a strong foundation of your business View More Employee Stock Option Plan     Retain your best talent by putting their skin in the game – offer them an ESOP now! Introduction As a fresh entrepreneur, you may have a high-value idea, but you might be some ways off from being able to offer a high-value salary for the best talent in the pool. One of the ways to entice fresh talent and retain the budding ones in your company is by way of an Employee Stock Options Plan (ESOP), which motivates employees as they personally profit from the growth of their organization. Under ESOPs, employees are motivated for the growth of your company through the allocation of shares, often at no cost, but in exchange for the employee’s services. Going through the steps of an ESOP is often a complex process, so leave the procedural hassles to us by signing up for our ESOP service, so that you may focus your energies on your company’s management! Get the best proposal for ESOP or request a call back with our top-rated Experts with a simple sign up with us! Features of the ESOP Service Our business, financial and legal experts will help you – Structure the form of plan that you want to implement, reflecting your unique requirements. Correctly value your company. Draft the grant of share options and the agreement for the same such as clauses on vested ESOPs, Exercise price and period, etc. Draft all other necessary paperwork required for secretarial or compliance reasons. Maintain ESOP register in E from SH- 6.   Advantages of ESOPs Here are some potential advantages of ESOPs An incentive for new talent: You may not be able to give employees a high-value salary right now, but you can make them invested in lifting off the company by giving them a stake in its value. Build Motivation: An ESOP motivates employees through a simple incentive – the better off the company, the more valuable the stocks that the employees own – It’s a win-win. Retain talent: You may retain employees for specified periods of time as defined through the vesting period of the ESOP. Registration Process Registration Process eStartIndia will help you to make the best Employee Stock Option plan from the comfort of your home, offering you services that are very specialized and tailored for each individual. Get a Free Consultation for ESOP with Our Top Rated Experts with a simple registration. Click here to read more about “Convert One Person Company into Private Limited Company“ Step 1 You sign up for our Employee stock option plan Services, and we put you in touch with our business, financial and legal experts, who engage you in consultations in order to understand your needs Step 2 Post consultations, our team prepares an advisory recommending the documentation and steps required for implementing a plan that you find attractive Step 3 Once a plan is mapped out, our team of experts are left with the worries of managing the implementation of the ESOP, while you are left free to manage your team. Sign up now!   FAQs What does Vesting means? Vesting refers to the amount of time an employee must work for being entitled to get the benefit under the ESOP Scheme.   What is an Exercise Period? Exercise period is the period within which an employee can exercise his rights of vested ESOPs.   What does exercise and exercise price means? Exercise means the event through which an employee exercise his rights to purchase equity shares under the Employee stock option plan Scheme of the Company at the pre-determined price and such pre-determined price is called Exercise Price. Related Services Employee Stock Option Plan Read More OPC to Private Limited Read More Public Limited to Private Limited Read More Private Limited to OPC Read More Load More

Home / Services We help you in creating a strong foundation of your business View More Convert a One Person Company to a Private Limited Company     Convert a  One Person Company to a Private Limited Company, you can raise more capital by releasing more shares! Introduction In India, the share transferability of a private limited company is limited to 50 shareholders, and they are restricted from freely trading their shares with the general public. However, a One Person Company is run by a sole owner, with the added benefit of limited liability to the said owner and other shareholders. The conversion of an OPC to a Private Limited Company is mandatory when the company’s paid-up share capital exceeds 50 lakhs or its average annual turnover over three years is equal to or exceeds 2 crores. Sign up for our Conversion from One Person Company to Private Company Service today, so that your company can transform itself into a Private Company without any regular hassles. With our team working for you, you can focus on the impending transition, and acquiring funding for the same. Sign up today! Distinctions between Private and One Person Companies One Person Companies exist as a halfway point between Sole Proprietorships and Private Limited Companies. Private Company One Person Company Minimum members-2 Minimum members-1 Minimum Directors-2 Minimum Directors-1 No requirement of appointing a nominee A nominee must be appointed where there is only one member Foreigners may become members of a Private Company No Foreigners may become members of one-person company   Required Documents For Convert a One Person Company to a Private Limited Company The documents required in order to effect a change from a One Person Company to a Private Limited Company are – Altered memorandum and articles of association. Notice of Extra-Ordinary General Meeting (EGM) with the approval of Directors for the conversion of a One Person Company to a Private Limited Company. Special resolution for conversion of the company into a Private Limited Company. Form INC 6 – Application for the conversion of One Person Company to a Private Limited Company. Form MGT 14. Minutes of the Meeting where approval was given for conversion. In the event that the conversion is mandatory, form INC 5 may be required as well. Sign up for our service today, so that our experts can provide you with a complete list of all necessary documentation, and process your application for you! Registration Process Registration Procedure Of Convert a One Person Company to a Private Limited Company eStartIndia will help you to Convert a One Person Company to a Private Limited Company from the comfort of your home, offering you services that are very specialized and tailored for each individual. Get a Free Consultation for Company conversion with Our Top Rated Experts with a simple registration. Step 1 You sign up for our Conversion from Public Limited Company to Private Limited Company service, and our financial & legal experts engage in consultations with you in order to collect the necessary information and work on the same Step 2 Post consultations, our team shares a draft of required actions with you, preparing the necessary documentation such as the Board Resolutions Step 3 Once the Resolutions are passed and all necessary documentation is compiled, our legal experts take care of the filing with ROC   FAQs What is the time limit of filing form INC-? Form INC-5 shall be filed within sixty days of exceeding threshold limits.   What is the time limit of filing form INC-? Form INC-6 shall be filed within 30 days in case of voluntary conversion and within six months of mandatory conversion.   What is the condition precedent for conversion of OPC into Private Company?  In case of voluntary conversion: (i) Expiry of two years after incorporation of OPC.        In case of mandatory conversion: When paid up share capital exceeds Rs. 50 lakhs and the yearly turnover of immediately previous three consecutive financial years is more than 2 Crores rupees. Such company has to compulsorily convert to a private or public limited company within a period of 6 months from the date when the paid-up share capital exceeded 50 lakhs rupees or the last date of the related period in which the average annual turnover surpasses 2 Crore rupees. Related Services OPC to Private Limited Read More Public Limited to Private Limited Read More Private Limited to OPC Read More Private Limited to Public Limited Read More Load More

Home / Services We help you in creating a strong foundation of your business View More Convert a Public Limited Company to Private Limited Company     Convert a Public Limited Company to a Private Limited Company, you can consolidate the ownership of your company from the general public back into the hands of a selected few! Introduction In India, the share transferability of a private limited company is limited to 50 shareholders, and they are restricted from freely trading their shares with the general public. However, a Public Limited Company does not suffer such limitations and its shares may be freely traded amongst the general public. Sign up to Convert a Public Limited Company to a Private Limited Company Service today, so that your company can shed the liabilities & compliances of a Public Company and emerge as a Private Company. With our team working for you, you can focus on the impending transition, and acquiring funding for the same. Sign up today!  Distinctions between Private Limited and Public Limited Companies Private Companies Public Companies Transfer of shares to only a few investors May offer shares to the general public Cannot be listed Can be listed Lower Compliance requirements Higher Compliance requirements   Procedure Of Converting Public Limited Company To Private Limited Company Convene and hold Board meetings and pass a resolution for conversion of Public Company to Private Company. Draft Notice of EGM, Convene EGM and pass a special resolution. File E form MGT 14 with ROC within 30 days. File E-form RD-1.   Necessary Documentation For Converting Public Limited Company To Private Limited Company Copy of MOA and AOA. Board and General Meeting Resolutions. Minutes of General Meeting. Attendance sheet. Affidavit. Newspaper advertisement. Registration Process Registration Procedure For Converting Public Limited Company To Private Limited Company eStartIndia will help you to Convert a Public Limited Company to Private Limited Company from the comfort of your home, offering you services that are very specialized and tailored for each individual. Get a Free Consultation for Company conversion with Our Top Rated Experts with a simple registration. Step 1 You sign up for our Conversion from Public Limited Company to Private Limited Company service, and our financial & legal experts engage in consultations with you in order to collect the necessary information and work on the same Step 2 Post consultations, our team shares a draft of required actions with you, preparing the necessary documentation such as the Board Resolutions Step 3 Once the Resolutions are passed and all necessary documentation is compiled, our legal experts take care of the filing with the MCA. FAQs Why E form RD- is filed? Form RD-1 is filed with the Regional Director for approval of the `conversion of Public company to Private Company.   Is there any time limit for filing form RD-? Yes, Form RD-1 is filed within 60 days of the passing of the special resolution.   Is there any format of newspaper advertisement? Yes, Newspaper advertisement is given in E form INC -25 A in at least once in a vernacular newspaper in the principal vernacular language of the district in which the registered office of the company is situated, and at least once in English language in an English newspaper circulating in that district. (Widely Circulated in the State in which the registered office of the company is situated) Related Services Public Limited to Private Limited Read More Private Limited to OPC Read More Private Limited to Public Limited Read More Sole Proprietorship to Private Limited Read More Load More

Home / Services We help you in creating a strong foundation of your business View More Convert a Private Limited Company to a One Person Company     By convert a private limited company to a One Person company, you can roll back the ownership of your company that you gave up! Introduction In India, the share transferability of a private limited company is limited to 50 shareholders, and they are restricted from freely trading their shares with the general public. However, a One Person Company is run by a sole owner, with the added benefit of limited liability to the said owner and other shareholders. Sign up for our Conversion from Private to One Person Company Service today, so that your company can shed the restrictive cocoons of Private Company regulations and emerge as a new One Person Company. With our team working for you, you can focus on the impending transition, and acquiring funding for the same. Sign up today! The distinction between Private and One Person Companies One Person Companies exist as a halfway point between Sole Proprietorships and Private Limited Companies. Private Limited Company One Person Company Minimum members-2 Minimum members-1 Minimum Directors-2 Minimum Directors-1 No requirement of appointing a nominee A nominee must be appointed where there is only one member Foreigners may become  members of a Private Limited Company No Foreigners may become members of  One Person Companies   Required Documents For Convert Private LTD To One Person Company The documents required in order to effect a change from a Private to a Public Company are – Altered memorandum and articles of association. Notice of Extra-Ordinary General Meeting (EGM) with the approval of Directors for the conversion of a Private Limited Company to One Person Company. Special resolution for conversion of the company into a One Person Company. Form MGT 14. Form INC 6 – Application for the conversion of Private Limited to One Person Company. Minutes of the Meeting where approval was given for conversion. List of Members and Creditors. NOC from Members and Creditors. Affidavit by Directors. Latest Audited B/S and P&L a/c. Sign up for our service today, so that our experts can provide you with a complete list of all necessary documentation, and process your application for you! Registration Process Registration Procedure For Convert a Private Limited Company to a One Person Company eStartIndia will help you to Convert a Private Limited Company to a One Person Company from the comfort of your home, offering you services that are very specialized and tailored for each individual. Get a Free Consultation for Company conversion with Our Top Rated Experts with a simple registration. Click here to read more about “Private Limited to Public Limited” Step 1 You sign up for our Conversion from Private Limited Company to Public Limited Company service, and our financial & legal experts engage in consultations with you in order to collect the necessary information and work on the same Step 2 Post consultations, our team shares a draft of required actions with you, preparing the necessary documentation such as the Board Resolutions Step 3 Once the Resolutions are passed and all necessary documentation is compiled, our legal experts take care of the filing with the ROC FAQs Who is eligible to act as a member of OPC? Only a natural person who is an Indian citizen and resident in India shall be eligible to act as a member and nominee of an OPC.   A person can be a member in how many OPC? A person can be a member of only one OPC.   What is the time limit of filing form INC-?  Form INC-6 shall be filed within 30 days in case of voluntary conversion and within six months of mandatory conversion.   What if a member of an OPC becomes a member in another OPC by virtue of being a nominee in that other OPC? Where a natural person, being member in One Person Company becomes a member in another OPC by virtue of his being a nominee in that OPC, then such person shall meet the eligibility criteria of being a member in only one OPC within a period of one hundred and eighty days, i.e., he/she shall withdraw his membership from either of the OPCs within one hundred and eighty days. Related Services Private Limited to OPC Read More Private Limited to Public Limited Read More Sole Proprietorship to Private Limited Read More Partnership to LLP Read More Load More

Home / Services We help you in creating a strong foundation of your business View More Convert a Private Limited Company to a Public Limited Company     By converting your private limited company to a public limited company, you can allow for the free transfer of shares in the market through the issuance of a prospectus! Introduction In India, the share transferability of a private limited company is limited to 50 shareholders, and they are restricted from freely trading their shares with the general public. However, a Public Limited Company does not suffer such limitations and its shares may be freely traded amongst the general public. Sign up for our Conversion from Private to Public Company Service today, so that your company can shed the restrictive cocoons of Private Company regulations and emerge as a new Public Company. With our team working for you, you can focus on the impending transition, and acquiring funding for the same. Sign up today!  Distinctions between Private and Public Limited Companies Private Companies Public Companies Transfer of shares to only a few investors May offer shares to the general public Cannot be listed Can be listed Lower Compliance requirements Higher Compliance requirements     Required Documents For Convert a Private Limited To a Public Limited The documents required in order to effect a change from a Private to a Public Company are – Altered memorandum and articles of association. Notice of Extra-Ordinary General Meeting (EGM) which was held to pass the board resolution indicating the approval of Directors for the conversion of a Private Limited Company to Public Limited Company. Special resolution for conversion of the company into a public company is to be filed with the following attachments. A certified true copy of the special resolution approving such conversion. Form INC 27 – Application for the conversion of Private Limited to Public Limited. Form MGT 14. Minutes of the Meeting where approval was given for conversion. Registration Process Registration Procedure For Convert a Private Limited to a Public Limited eStartIndia will help you to convert a Private Limited to Public Limited company from the comfort of your home, offering you services that are very specialized and tailored for each individual. Get a Free Consultation for company conversion with Our Top Rated Experts with a simple registration. Click here to read more about “Convert Partnership to LLP” Step 1 You sign up for our Conversion from Private Limited Company to Public Limited Company service, and our financial & legal experts engage in consultations with you in order to collect the necessary information and work on the same Step 2 Post consultations, our team shares a draft of required actions with you, preparing the necessary documentation such as the Board Resolutions Step 3 Once the Resolutions are passed and all necessary documentation is compiled, our legal experts take care of the filing with the ROC FAQs Is there any time limit for filing E form INC ? E form INC 27 is filed within fifteen days of the receipt of the order from the Central Government.   Are there any post conversion compliance? Yes, the Company will have to comply with the requirements of a Public Company such as Increase in no. of Directors, changes in MOA and AOA, changes in documents like PAN, changes in company’s bank account, etc. Related Services Private Limited to Public Limited Read More Sole Proprietorship to Private Limited Read More Partnership to LLP Read More XBRL Filing Read More Load More

Home / Services We help you in creating a strong foundation of your business View More Convert Sole Proprietorship to Private Limited Company     You can easily Convert Sole Proprietorship to Private Limited Company through a transfer of assets. Introduction A proprietorship company is a type of business organization where there is no legal distinction between the owner of the business and the business. The owner is in direct control of all aspects related to the business, is accountable for its functioning and completely owns its profits or losses. Sign up for our Conversion from Proprietorship to a Private Limited Company Service today, so that you can shed the liabilities & compliances of a Proprietorship and emerge as a Private Company. With our team working for you, you can focus on the impending transition, and acquiring funding for the same. Sign up today!   Advantages of a Private Company Allows for easy cooperation between a team: Through the formal transfer of shares, no problems can creep in later. Fund-raising: If your ventures require you to raise money for your business, particularly private equity funding, then you will have to register as a company and issue shares in return for funding. Limiting Your Liability: By creating a company, you can limit your liabilities, i.e. you will not be liable for the debts and obligations of the company. As a proprietor, you have unlimited liability for all debts and obligations of the company. This means that your personal assets can be attached to recover dues owed by your business.   Required Documents The documents required in order to effect a change from a Proprietorship to a Private Company are – Digital Signature Certificate (DSC) of all directors. Director Identification Number (DIN) of all directors. Name approval from ROC. Altered Memorandum and Articles of Association (MOA/AOA). SPICE i.e  E form INC 32.     Registration Process eStartIndia will help you to register to Convert Sole Proprietorship to Private Limited Company from the comfort of your home, offering you services that are very specialized and tailored for each individual. Get a free Consultation for conversion with Our Top Rated Experts with a simple registration. Click here to read more about “Convert Partnership to LLP” Step 1 You sign up for our Proprietorship to a Private Limited Company, and our financial & legal experts engage in consultations with you in order to collect the necessary information and work on the same Step 2 Post consultations, our team shares a draft of required actions with you, preparing the necessary documentation Step 3 Once all the necessary documentation is compiled, our legal experts take care of the filing with the MCA FAQs Can I continue running the sole proprietorship post the creation of the company? You can only run the proprietorship for 3 months after the creation of the company.   Can the licenses and permits from a sole proprietorship be transferred to the new private limited company? No. All licenses and permits must be re-applied for by the Private Limited Company following the necessary procedures as set by the concerned authorities. Related Services Sole Proprietorship to Private Limited Read More Partnership to LLP Read More XBRL Filing Read More eForm INC-20A Read More Load More