Conversion of private company into One Person Company.

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..... cial resolution in the general meeting. (2) Before passing such resolution, the company shall obtain No objection in writing from members and creditors. (3) The one person company shall file copy of the special resolution with the Registrar of Companies within thirty days from the date of passing such resolution in Form No. MGT.14. 4 [ (4) The company shall file an application in e-Fo .....

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..... d up share capital of fifty lakhs rupees or less or average annual turnover 2. Omitted vide Notification No. G.S.R. 91(E) dated 01-02-2021 w.e.f. 01-04-2021 before it was read as 1 [having paid up share capital of fifty lakhs rupees or less and average annual turnover during the relevant period ] during the relevant period is two crore rupees or less 3. Omitted vide Notificat .....

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..... e list of members and list of creditors; (iii) the latest Audited Balance Sheet and the Profit and Loss Account; and (iv) the copy of No Objection letter of secured creditors. 5. Substituted vide NOTIFICATION NO. G.S.R. 42(E) dated 19-01-2023 before it was read as, (5) On being satisfied and complied with requirements stated herein the Registrar shall issue the Certificate. .....

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