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Process for Converting a Private Corporation Into an OPC

Posted on November 11, 2022December 15, 2022 By admin No Comments on Process for Converting a Private Corporation Into an OPC
Process for Converting a Private Corporation Into an OPC
Conversion PLC to OPC

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 developmentĀ  There should be no conflict of … Read More “Process for Converting a Private Corporation Into an OPC” »

Checklist Requirements for PLC to OPC Conversion

Posted on November 4, 2022December 15, 2022 By admin No Comments on Checklist Requirements for PLC to OPC Conversion
Checklist Requirements for PLC to OPC Conversion
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” »

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