Conversion of company

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4 Points Posted on 01 February 2020
can we convert public limited company into one person company ??
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On 01 February 2020 at 16:34 Report
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It is not possible to convert a Public Limited Company into a One Person Company (OPC). However, the Companies Act, 2013 does permit the conversion of a private limited company into an OPC. This conversion mechanism has been in place since April 1, 2014, allowing for changes in company structure under specific provisions.

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Practicing Company Secretary @ RASHI JAI
1300 Points Posted on 19 March 2020
No we cannot convert Public Limited company into One Person Company
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On 19 March 2020 at 22:15
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Legal and Financial services
491 Points Posted on 20 March 2020
No, the conversion of Public Limited company into One Person company is not possible but the conversion of a private limited into an OPC (One Person Company) is allowed as per the Companies Act, 2013, which provides a mechanism to convert one class of company into another. Section 18 of the Act, explicitly provides for the conversion of an already registered private limited company with effect from 1-4-2014.
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On 20 March 2020 at 17:18

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