Conversion Of Pvt.Ltd. To Public Limited

Description

Converting a Private Limited Company to a Public Limited Company involves some legal formalities and compliance requirements. Here are the general steps involved in the conversion process: Hold a Board Meeting: The first step is to convene a board meeting of the company and pass a resolution to convert the private limited company into a public limited company. Issue a notice to Shareholders: A notice of Extraordinary General Meeting (EGM) must be sent to all the shareholders of the company to seek their approval for the conversion. Pass Special Resolution: At the EGM, the shareholders must pass a special resolution for the conversion of the company from Private Limited to Public Limited. A minimum of 75% of the shareholders must approve the resolution.