About Pbc and Pvt Ltd Company

This query is : Resolved 

21 October 2008 Dear All,

If X company is a private company and it is raising paid up capital to Rs. 5 crores. Is it mandatory to convert or change the nature of company to Public LTd? or else what can be the implication of this in terms of legalities with ROC?


22 October 2008 Dear Sir,

Then can you tell me if Appointment of Company Secretary is important or not?

Regards,

Amit


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