Hey,
There is a company called " Jay Bee Marbles Private Limted " with an authorised capital of Rs. 2.5 Cr. The company now wants to do 3 thing ,
1. Change of company name
2. Increase of Authorised capital to Rs. 5 Cr
3. Conversion of company into Public limited company
Please guide about how to all of the above simultaneously and the procedure for the same. Would be really thankful if all the board resolutions are provided for the above procedures.
Best Wishes,
Kunal Mangal
change of name of the company:-
1. Name of the company can be changed by passing a ordinary resolution in general meeting.
2. Addition or deletion of "private" in the name of the company will not amount to change of name.
3. File form No.1A with a fee of Rs. 500 and ascertain the availability of the name in ROC.
Alteration of authorised capital:-
1. Specific provision in articles required.
2. Company must pass an ordinary resolution
3. Notice of alteration must be given to ROC within 30 days of alteration by filing Form No.5
Conversion into public company:-
1. Ammend the AOA
2. Special Resolution in General Meeting
3. File Form No.23 within 30 days from the date of passing special resolution.
4. No.of directors increased to atleast 3.
5. Increase the No.of members to minimum 7.
6. Paid up capital of the company Should be 5,00,000.
A R JADHAV AND ASSOCIATES
Mumbai
CA Inter
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