What Is Company Conversion?

Legal process for converting a private company to a public company or vice versa in India

Company Conversion refers to the statutory conversion of the status of a company from Private Limited Company to Public Limited Company or vice versa. It is a process of numerous formalities such as altering statutory documents, approval by the shareholders, and registration with the Registrar of Companies (ROC). The conversion helps companies reorganize based on their business and financial objectives.

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    We Provide Firm Conversion Solutions

    • From Private Firm to Public Firm Conversion: Aids your company to raise capital by issuing shares to the public. We prepare your company legally for public business.
    • Public Company to Private Company Conversion: When you wish to return to private management and reduce the level of regulation standards, we assist in legal conversion smoothly.
    • MOA and AOA Amendment: We modify the company’s Memorandum and Articles of Association according to the new structure and regulations of the Companies Act.
    • ROC Filing and Compliance: Efficient forms such as MGT-14, INC-27, and other statements are drawn up and filed with ease in the ROC.

    Company Conversion Procedure

    Advantages of Company Transformation

    • Strategic Business Reconfiguring: Make your business legitimate on development plans, investment reasons, or management choices.
    • More Capital or Control: Being public listed provides access to outside capital. Being private provides more control in business and confidentiality.
    • Legal Continuity: Change in status does not impact the legal entity of the company with continuous uninterrupted continuity of business.

    Documents Required for Company Conversion

    • Certificate of Incorporation
    • MOA and AOA
    • Shareholding details
    • Board Resolution for Conversion
    • Special Resolution Adopted in General Meeting
    • Recent Audited Financials
    • Approval Letters (if any)

    Why Should You Select Legal Dalal For Company Conversion Services?

    Company Conversion Services with Legal Dalal is simple. Here’s the step-via-step process:
    Trained Lawyer Team: We guarantee your process of conversion as 100% legal as per the Companies Act and all regulations of ROC.

    Timely Compliance: We care about your time and deliver our conversion service as per the ensured time limit with no compromise over quality.

    Compliance Support Across the Board: From advisory to filing, all this we complete in transparency as well as legal accuracy.
    Single-Point Legal Partner: Legal Dalal offers a complete range of business legal services at one place so your business can be handled under the complete guidance of laws at one place.

    FAQs

    Private Companies do not allow transfer of shares and cannot raise public funds. Public Companies offer shares to the public and are regulated more.
    Conversion is usually done for funding, ease of regulation, management control, or business growth purposes.
    Yes, Registrar of Companies approval is required for certification of the change in the structure of the company.
    The entire process is completed within 10 to 25 working days depending on document preparedness and ROC processing speed.
    We also provide incorporation of a company, GST registration, FSSAI license, annual compliance, trademark registration, etc.

    HERE’S WHAT OUR CLIENT’S SAY ABOUT US

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    I really appreciate Mr Rishiraj work,he has answered all my queries professionally. I am grateful to mr Rishiraj . prompt and affordable service. Would highly recommend. Happy with service. THANK YOU LEGAL DALAL TEAM.

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    Mumbai, Maharashtra

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    Gurugram, Haryana

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    Thanks again to whole team

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    Mumbai, Maharashtra

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    Jaipur, Rajasthan

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    Honavara, KARNATAKA

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    ANIL KUMAR TN

    Hindupur, Andhra Pradesh