Pvt co. to sec 25 co. conversion full detail
This query is : Resolved
22 November 2013
about procedure and change in moa and aoa
23 November 2013
CONVERSION FROM PRIVATE LIMITED TO SECTION 25 COMPANIES.
Now the CG has delegated power to Regional Director to issue license for establish a section 25 company.
Existing company...
1. To make amendment in MoA of company. Amended objects must be fall under ambit of section 25 (Non-profit manner).
2. To make amendment in AoA of company relating to distribution of dividend, managerial remuneration etc...
3. Various enclosures are require by RD for issue license,
4. The application shall be made through e-Form-24A. The following documents must be enclosed with Form 24 A.
1. Amended MoA & AOA (SRN of Form-23)
2. Last two years Balance sheet and Profit & Loss Account
3. Declaration by advocate or company secretary regarding conformity with provisions.
4. Declarations as per annexure V of the companies Act
5. Resolutions passed by both members and board.
Kindly engage practicing company secretary for aforesaid proceeding to implement.
Now the CG has delegated power to Regional Director to issue license for establish a section 25 company.
Existing company...
1. To make amendment in MoA of company. Amended objects must be fall under ambit of section 25 (Non-profit manner).
2. To make amendment in AoA of company relating to distribution of dividend, managerial remuneration etc...
3. Various enclosures are require by RD for issue license,
4. The application shall be made through e-Form-24A. The following documents must be enclosed with Form 24 A.
1. Amended MoA & AOA (SRN of Form-23)
2. Last two years Balance sheet and Profit & Loss Account
3. Declaration by advocate or company secretary regarding conformity with provisions.
4. Declarations as per annexure V of the companies Act
5. Resolutions passed by both members and board.
Kindly engage practicing company secretary for aforesaid proceeding to implement.
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