Public(unlisted) & private cos.

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Querist : Anonymous

Querist : Anonymous (Querist)

28 December 2011 dear sir/madam

i want to convert my limited (unlisted) co. into a private co. pls solve my following quires regarding this:

1) which sections or provisions i should look into for complying the requirements of pvt co.

2) procedural or reporting part as far as i knw(pls corrct me if i m wrong) that reporting or filing part of limited (unlisted) co. & pvt co. is with ROC, no involvement of SEBI, central govt etc authorities is required?????

3) i want to knw provisional difference betn above cos. apart from basic difference???

pls solve

thanks

regards

miss tanveer ahuja

CS GURVINDER SINGH

CS GURVINDER SINGH (Expert)
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30 December 2011 Hold an General Meting of Members and pass following Special Resolutions:
- u/s 31 for Alteration of AOA as adopting Restrictions of Section 3(i)(iii) imposed to Private Limited Companies.
- u/s 21 for Change of Name of Company
- u/s 16 of Alteration of MOA
in 30 days File eForm 23
after filling eForm 23, fill the SRN of eForm 23 in eForm 1B and file it

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Jiten Gupta

Jiten Gupta (Expert)
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06 January 2012 As per my understanding Form 1B shall not be filed. Form 1B is filed for conversion of Public com. into Pvt Company. And if u r deleting the word "Pvt" from the name, u need not to to take approval of Govt by filing 1B.