Conversion of format of corporate entity

Conversion of format of corporate entity

What is the procedure to follow wrt conversion :-

  Pvt Ltd Co to LLP or Partnership

  LLP to Partnership


Replies (2)
Quick Summary
This discussion outlines the procedures for converting the format of a corporate entity. It details the steps involved in converting a Private Limited Company to an LLP, including checking eligibility, passing board resolutions, and filing specific forms with the Registrar of Companies. The process for converting an LLP to a Partnership is also briefly mentioned.

 

Here's a brief overview of the procedures: *Pvt Ltd to LLP:* 

1. Check eligibility: Ensure the company meets the eligibility criteria for conversion (e.g., no outstanding debts, no legal disputes). 

2. Pass a board resolution: Approve the conversion by passing a board resolution. 

3. Obtain DSC and DIN: Ensure all directors have a Digital Signature Certificate (DSC) and Director Identification Number (DIN). 

4. File Form 18: Submit Form 18 (Notice for conversion) to the Registrar of Companies (ROC).

 5. File Form 2: Submit Form 2 (Application for conversion) to the ROC.

6. File LLP

Conversion of corporate entity is desirable.

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