Conversion from public to private - alteration of articles - the ...
Company Converts from Public to Private Status for Compliance with Companies Act, 2013; No Harm to Members or Creditors.
June 27, 2017
Case Laws Companies Law Tri
Conversion from public to private - alteration of articles - the conversion from public to private is in the interest of the Company which is being made with a view to comply efficiently with the provisions of Companies Act, 2013 causing no prejudice either to the members or to the creditors of the Petitioner. Therefore, the conversion is hereby allowed.
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