Company converted from Public to Private during the year

Arjun (CA) (29 Points)

07 July 2021  

During the year Company is converted to Public limited from Private Limited.If the company is required to prepare a seperate financial statement for Private Limited and Public Limited.?

Eg. Company converted to Public as on 31 Dec 2020. Now, if we would need to prepare financial statement for Private limited upto 31 Dec 2020 and another for public limited for period starting from 1 Jan 2021 to 31 Mar 2021?