TMI BlogConditions for conversion of a company registered under Section 8 into a company of any other kind.X X X X Extracts X X X X X X X X Extracts X X X X ..... into a company of any other kind shall pass a special resolution at a general meeting for approving such conversion. (2) The explanatory statement annexed to the notice convening the general meeting shall set out in detail the reasons for opting for such conversion including the following, namely:- (a) the date of incorporation of the company; (b) the principal objects of the company as set out in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eceived by the company with conditions attached to their utilization etc. (f) details of impact of the proposed conversion on the members of the company including details of any benefits that may accrue to the members as a result of the conversion. (2) A certified true copy of the special resolution along with a copy of the Notice convening the meeting including the explanatory statement shall be ..... X X X X Extracts X X X X X X X X Extracts X X X X
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