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TMI BlogLimited company to Private limited companyX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear All, kindly provide any notification regarding name change from Limited Company to Private limited company.what is applicability for limited company and Private limited company, Thanks in advace Pradip Sirsat - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Do you mean the conversion of Public limited company to Private Limited company? - Reply By Pradip Sirsat - The Reply = yes sir, ac ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tually now we are working in LIMITED COMPANY and message come from our head office that our company name is change form Limited company to Private limited. hence, i want to know why it is change? - Reply By Naveed S - The Reply = The Most Important Reason for conversion of a limited company into an private limited company is on the tax front. - Reply By Pradip Sirsat - The Reply = Naveed ji, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... thanks for your reply, it will be very helpful for me if you give detail with example - Reply By MARIAPPAN GOVINDARAJAN - The Reply = The private company has more privileges than the public limited company which may lead to the conversion of a public limited company to a private limited company. The compliance of Company Law is less than for the private companies than the public limited comp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anies. - Reply By Naveed S - The Reply = Sir, the benefits of private company are Tax benefits, exempt from surcharge and also not liable to pay Dividend Distribution Tax, Easy to manage and run, Less Government Intervention, Easy to dissolve or wind-up, Audit requirement only in case of contributions exceeding ₹ 25 lacs or turnover exceeding ₹ 40 lacs. There are various and numero ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... us reasons for such change; however the specific reason may be known from the company itself. - Reply By MUKUND THAKKAR - The Reply = Due to frequently changes in company law. to avoid more government compliance. reverse route may be select. - Limited company to Private limited company - Query Started By: - Pradip Sirsat Dated:- 9-2-2015 Corporate Laws / SEBI / LLP - Got 7 Replies - Compani ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es Law - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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