Conversion of pvt to public co :
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 November 2012
Conversion of Pvt to Public Co :
My client's authorized and paid up capital is Rs. 1 cr. i.e. it has already issued all the shares. Still is it required to file Statement in lieu of Prospectus in Form 62 ? Very Urgent
My client's authorized and paid up capital is Rs. 1 cr. i.e. it has already issued all the shares. Still is it required to file Statement in lieu of Prospectus in Form 62 ? Very Urgent
22 November 2012
Hi
Yes, Statement of Lieu of Prospectus under section 44(2) of the Companies Act, 1956 is mandatory at the time of conversion of Company in Form-62.
Yes, Statement of Lieu of Prospectus under section 44(2) of the Companies Act, 1956 is mandatory at the time of conversion of Company in Form-62.
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