converting private limited to public limited of the company

Hi Jaya,

Following may help you,

1. Hold a Meeting of BOD to pass

• Approving proposal for conversion
• For fixing time, date and venue for EGM for conversion
• For authorizing any director to issue notices on this behalf.

 2. Following resolution are required in EGM

• Special resolution for altering articles under section 31 of the act
• Special resolution for changing the name from A pvt Ltd to A Ltd as per section 21
• Special resolution for altering MOA and AOA

3. Within 30 days file form 23.

4. A prospectus stating matters specified in part-I of schedule II or Statement in lieu of Prospectus as per part I of schedule IV. (not schedule III) Refer Sec 44(2)  For the format plz refer BARE ACT,

5. Increase no of members, paid-up capital and directors as required in Public Company

6. Inform all members and concerned stake holders

 7. Have a new common seal in place after getting fresh registration certificate from ROC

  8. Have painted new name outside the premises as per the provisions.

Regards

Jaideep Pandya

Resolution format

 Draft Resolution:-

"RESOLVED that subject to the provisions of Sections 31 & 44 of the Companies Act, 1956 and other applicable provisions, if any, the Company be and is hereby converted into a public company.

RESOLVED FURTHER THAT the new set of articles of association as placed before the meeting, signed by the chairman for the purpose of identification, be and are hereby approved and adopted as the Articles of Association of the Company in substitution of existing articles.

RESOLVED FURTHER THAT consequent to the above, the word “Private” be and is hereby deleted from the name of the Company wherever occurring in the Memorandum and Articles of Association of the Company and the name of the Company be changed from _____ Private Limited to ___ Limited.

RESOLVED FURTHER THAT the Directors be and are hereby authorised to take all such steps as may be necessary to give effect to this resolution.”