Covert pvt ltd to opc

Thanks for the response. Yes, our company meets both the criteria you have mentioned. So my understanding of what you are saying is that if these 2 criteria are met, then private limited can be converted to OPC even if it is less than 2 years old - is it correct ?

Thanks

We can convert a Private limited company into One Person Company by following mentioned process:  

1. The existing private limited company is required to call a general meeting of the company, for passing a special resolution for the purpose of its conversion into a one-person company. But proof of No Objection from all members and creditors, must be taken in written form prior to passing such a resolution. 

2. Afterwards, a copy of special resolution is sent to the concerned ROC within Thirty days of passing of resolution in Form MGT-14 after making necessary alterations in the MOA and AOA of the private limited company as per the provisions given in the Section 18 of the Companies Act, 2013.

3. Then, the members of the private limited company have to file Form INC-6.

4. After observation and verification of the documents and facts, the ROC will issue the certificate of conversion.

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