Whether two separate application fees required for reversion to status of private company

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..... n the case of a company which having become a public company by virtue of the provisions of section 43A(1) approaches the Company Law Board for obtaining approval under section 43A(4) for a reversion to the status of a private company, two applications to the Central Government ‑ one under section 43A(4) and the other under section 31(1) ‑ with two separate application fees are require .....

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..... fees does not arise. Before making the said application the company should amend its articles of association, if necessary, so as to incorporate the requirements of section 3(1)(iii). This amendment will be necessary in those cases of companies which during their existence as a public company under section 43A(1) chose to get those clauses of the articles of association deleted, which had conforme .....

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..... rms of their incorporation or by direct conversion (i.e., without intervention of section 43A) from private to public, have assumed the status of public companies and which seek to attain or recover the status of private companies. - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - T .....

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