Conversion of llp into one person company

LLP cannot be converted into OPC.

Company can be converted into LLP, but LLP cannot be converted into company.

Hello @ Nidhi

But as per section 366 of the Companies Act, 2013 any partnership firm, limited liability partnership, cooperative society, society or any other business entity formed under any other law consisting of seven or more members, may at any time register under Companies Act, 2013 as an unlimited company, or as a company limited by shares, or as company limited by guarantee by following the procedure laid down in Companies (Authorized to Register) Rules, 2014.

Fully Agree with Vishal. Pls refer section 366 of the CA,2013. 

Originally porsted by : Vishal Goel
	Hello @ Nidhi But as per section 366 of the Companies Act, 2013 any partnership firm, limited liability partnership, cooperative society, society or any other business entity formed under any other law consisting of seven or more members, may at any time register under Companies Act, 2013 as an unlimited company, or as a company limited by shares, or as company limited by guarantee by following the procedure laid down in Companies (Authorized to Register) Rules, 2014.

Then tell the required procedure and forms for the same.

Yes, LLP can be converted into Company pursuant to Section 366 of Companies Act, 2013. You need to file Form URC-1 for the same. MCA had come up with revised rules on 31st May, 2016. "Companies (Authorised to Register) Amendment Rules, 2016.

Please refer the same for detailed procedure. 

Thank you for the inputes

can a one person company be converted into LLP ?

No, it is not possible. The basic reason is that, for LLP, you require minimum two partners and in OPC, you have only one sharehholder. You first need to convert your OPC to normal Pvt Ltd Co and then convert it to LLP.

THANKU SIR

If we replace name of present director in place of first directors in AOA, does we need to file MGT-14 (In case of Pvt. Co.)

Kindly give ur valuable advice.