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Resolution for conversion into public

Mitali Agarwal (Company Secretary) (638 Points)

04 January 2010

Dear Professional Colleagues,

Please mail me resolutions to be passed in EGM for conversion of private into public ltd. co. (unlisted) alongwith the explanatory statement.

Thanks in advance.

Regards,

Mitali Agarwal

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6 Replies

Ankur Garg (Company Secretary and Compliance Officer) (114773 Points)
Replied 04 January 2010

TO CHANGE THE STATUS OF THE COMPANY FROM PRIVATE TO PUBLIC.

“RESOLVED THAT pursuant to the provisions of Section 21, 31, 44 and other applicable provisions of the Companies Act, 1956 if any, the consent of the members be and is hereby accorded to the conversion of this Company into a public limited company and consequently the name of the Company be and is hereby changed from “____________________________” to “______________________” by deletion of the word “Private” from the name of the Company.”

“RESOLVED FURTHER THAT the word “Private” wherever appearing in the Memorandum and Articles of Association of the Company in the name of the Company be and is hereby deleted.”

“RESOLVED FURTHER THAT the Company Secretary or any Director of the Company be and is hereby authorised to make application, file forms, etc. for change of status of the Company and consequently its name with the Registrar of Companies office and are hereby further authorised to do all such acts, deeds and things as may be required or deemed expedient to implement this resolution.”

Ankur Garg (Company Secretary and Compliance Officer) (114773 Points)
Replied 04 January 2010

EXPLANATORY STATEMENT

[Pursuant to Section 173(2) of the Companies Act, 1956]

Item No. ______

This Company was a Private Limited Company within the meaning of the Companies Act, 1956.The Board in its meeting held on ______________ resolved to change the status of the Company from ‘Private Limited’ Company to a ‘Public Limited’ Company, subject to the approval of the members of the Company in the General Meeting. Board of Directors of the company considered that looking into the expanded business activities of the company and its future expansion plans, it is deemed fit to get it converted into Public Limited Company. It is proposed to delete the word ‘Private’ wherever appearing from the name of the Company by alteration of its Memorandum & Articles of Association. Further to meet the statutory requirements of a Public Company, the present Articles of Association of the Company are proposed to be altered in the manner as set out in the above resolution so as to suit the requirements of the Public Limited Company. The Board recommends the passing of the resolution at Item No. ________ of this notice as special resolution.

None of the Directors is concerned or interested in the proposed resolutions except to the extent of their shareholding in the Company.

Mitali Agarwal (Company Secretary) (638 Points)
Replied 04 January 2010

Thank you Sir for ur quick reply.

Regards,

Mitali Agarwal

G.SANDHYA RANI (COMPANY SECERTARY (FINAL)) (26 Points)
Replied 29 August 2011

Sir,

Please mail me board resoultion for conversion of public company in to private company

My mail Id is cheelasandhya @ gmail.com

Thank you,

sandhya

Riyanshi Chaudhary (Company Secretary in Practice) (30 Points)
Replied 16 December 2015

Dear Sir, Please mail me the Board Resolution and Member's resolution for conversion of Public Company into private company My mail id: riyanshich @ gmail.com Thanks & Regards ACS Riyanshi Chaudhary