Sgm

Please read the below discussion. it would be of great help.

/experts/statutory-general-meeting-256100.asp

Hi,

If such private company converts itself in to public company with in 6 months of incorporation as a private company then section 165 is applicable to your case and you have to convene statutory meeting.

In other words if your private company convert itself in to public company after 1 year of incorporation then section 165 is not applicable.

Regards

Originally posted by : Ankur Garg
	If such private company converts itself in to public company with in 6 months of incorporation as a private company then section 165 is applicable to your case and you have to convene statutory meeting.

I dont agree.

Obligation of certain types of companies to hold statutory meeting

The following types of companies are required to convene and hold a statutory meeting in accordance
with the provisions of section 165 of the Companies Act, 1956:—

(a) A public company limited by shares;
(b) A public company limited by guarantee and having a share capital;

Therefore, a private company and a private limited company, converted into public limited company is not required to hold statutory meeting.

Thankyou Ankur..

you are right.