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Conversion of Sec 8 to OPC ?

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Kumar (Querist)
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10 July 2017 can Section 8 company converted into OPC?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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10 July 2017 not it cannot be converted into opc...

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Kumar (Querist)
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10 July 2017 Thank You Mr.Nikil Sir.

Kumar (Querist)
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11 July 2017 Can you please tell me the reason why it couldn't be converted.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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11 July 2017 because it is not permitted by law. refer https://www.taxmanagementindia.com/visitor/detail_article.asp?ArticleID=5899

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