OPC conversions to private limited


This query is : Resolved 

Quick Summary
When converting an One Person Company (OPC) to a Private Limited company, it is considered a newly formed entity, and the Memorandum and Articles of Association (MOA & AOA) will be updated. While a fresh certificate of incorporation is issued, any previous liabilities incurred by the OPC will remain with the company.

29 May 2020 Once the opc is converted to private limited company will it be considered a newly formed company? Will the MOA and AOA change with the formation? I have made some mistakes like not paying rent for my office address (the owner has no objection) and not paying professional tax for a year, if i convert my opc will those mistakes cause problems for the newly formed company in the future?
Thank you for your time.

c.bakshi (Expert)
29 May 2020 YES. MOA AND AOA GET CHANGED AND YOU WILL ALSO RECEIVE A FRESH CERTIFICATE OF INCORPORATION

c.bakshi (Expert)
29 May 2020 BUT ALL PREVIOUS LIABILITIES WILL BE STANDING IN THE NAME OF THE COMPANY ALTHOUGH THE FRESH CERTIFICATE OF INCORPORATION IS ISSUED

19 June 2020 Thankyou so much sir


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