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Format for seeking consent of Creditors- Conversion- Ltd.

C.S. Rajesh Pillai (Company Secretary and Compliance Officer) (181 Points)

17 January 2009

Hi,

For conversion of a Public Ltd to Pvt. Ltd, among other things, require the NOC of creditors.

Can any body provide me a format of a letter seeking the consent of creditors for the same.

thanks and best regards

Rajesh Pillai

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6 Replies

Radheyshyam Falod (CA) (416 Points)
Replied 01 October 2010

can anybody help on the above question?

zankhana Trivedi (Company Secretary) (462 Points)
Replied 04 October 2010

Hi..

pls. find below given draft consent letter

Thanks & Regards

Date:

To,

………………………………………….

…………………………………………..

……………………………………………

Sub: No objection Certificate for Conversion of Public Company into Private Company.

Dear Sir,

With reference to the captioned subject matter in regard to Conversion of Public Company into Private Company, I/we. ………………………………………….. am/are the Creditor of the Company and as on ……………………… an amount as stated below is due to me/us by the Company.

I/We hereby confirm that I/we have no objection for Conversion of Public Company into Private Company.

Outstanding Amount Rs. …………………………………..

Thanking you.

Yours faithfully,

For …………………………………………

………………………………

(…………………………….)

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