One man co
This query is : Open
17 June 2016
Can a old private ltd co which had Two director be converted to one man company ?
19 June 2016
yES, A PRIVATE cOMPANY CAN BE CONVERTED INTO ONE PERSON COMPANY AS PER THE PROCEDURE GIVEN BELOW :
A PRIVATE COMPANY HAVING BPAID UP SHARE CAPITAL OF LESS THAN 50 LAKHS RUPEES OR TURNOVER OF LESS THAN 2 CRORE RUPEES DURING RELAVANT PERIOD MAY CONVERT IT INTO OPC BY PASSING SR IN GENERAL MEETING
BEFORE PASSING SUCH A RESOLUTION, COMPANY HAS TO OBTAIN NON OBJECTION FROM CREDITOR AND MEMBERS
AFTER CONVERTING OPC SHALL FILE FORM MGT 14 WITH ROC WITHIN 30 DAYS OF PASSING SR.
COMPANY SHALL FILE FORM INC 6 FOR CONVERTING PRIVATE COMPANY TO OPC AS PER THE FOLLOWING ATTACHMENTS :
DECLARATION BY DIRECTORS OF THE COMPANY BY WAY OF AFFIDAVIT
LIST OF MEMBERS AND CREDITORS AS ON DATE
LATEST AUDITED BALANCE SHEET AND PNL
THE COPY OF NON OBJECTION FROM CREDITORD
ON BEING SATISFIED, ROC SHALL ISSUE THE CERTIFICATE
A PRIVATE COMPANY HAVING BPAID UP SHARE CAPITAL OF LESS THAN 50 LAKHS RUPEES OR TURNOVER OF LESS THAN 2 CRORE RUPEES DURING RELAVANT PERIOD MAY CONVERT IT INTO OPC BY PASSING SR IN GENERAL MEETING
BEFORE PASSING SUCH A RESOLUTION, COMPANY HAS TO OBTAIN NON OBJECTION FROM CREDITOR AND MEMBERS
AFTER CONVERTING OPC SHALL FILE FORM MGT 14 WITH ROC WITHIN 30 DAYS OF PASSING SR.
COMPANY SHALL FILE FORM INC 6 FOR CONVERTING PRIVATE COMPANY TO OPC AS PER THE FOLLOWING ATTACHMENTS :
DECLARATION BY DIRECTORS OF THE COMPANY BY WAY OF AFFIDAVIT
LIST OF MEMBERS AND CREDITORS AS ON DATE
LATEST AUDITED BALANCE SHEET AND PNL
THE COPY OF NON OBJECTION FROM CREDITORD
ON BEING SATISFIED, ROC SHALL ISSUE THE CERTIFICATE
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Scrutiny and reopening of past returns
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- ASMT-10 received from A O
- Rental income of jointly held property
- Accounting with Claude
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
