Conversion of Private Company into OPC

Process for Converting a Private Corporation Into an OPC

November 11, 2022December 15, 2022 admin No Comments

Private Limited Company Conversion to OPC Conditions Natural persons should make up the new OPC. The new OPC will be open to anyone who’s a citizen of India, or who has spent 120 days in India during the once fiscal time, and who’s suitable to contribute to India’s development There should be no conflict of … Read More “Process for Converting a Private Corporation Into an OPC” »

Checklist Requirements for PLC to OPC Conversion

November 4, 2022December 15, 2022 admin No Comments

Conversion PLC to OPC

According to the Companies Act of 2013, which creates a mechanism to convert one class of company into another, the conversion of a PLC (Private Limited Company) into an OPC (One Person Company) is permitted. Beginning on April 1, 2014, Section 18 of the Act expressly permits the conversion of a private limited company that … Read More “Checklist Requirements for PLC to OPC Conversion” »