Conversion of private company into public company is a very cumbersome process as it not only involves alterations in MOA and AOA and dealing with all creditors of the company but also liasoning with various government authorities. If the existing private company is having less number of member and directors as required in public company, then it has to be taken care of before filing the conversion application. The authority will grant the approval of conversion after satisfying itself that the Company has complied with the requisite provisions for registration of company. If so satisfied, ROC shall cancel the former registration of company and issue fresh certificate of incorporation.
The primary reason for going with such conversion is expansion and diversification of existing company’s business or the company craves for seed funding and want to bring a Initial Public Offer (IPO) after getting itself listed in the stock exchange. Conversion of private to public company takes place with the prior approval of Registrar of Companies (ROC) of the state in which the company registered office is situated.
At Unilex Consultants we provide you a hassle free Conversion of private company into public company which would be dealt by our experienced advocates within a time frame. Our team takes care of the documentation and steps for conversion of private company into public company.
Public Companies can only get listed in stock exchange
Better way for expansion and diversification of business
Have better credibility in the market
Can raise funding from the market through IPO
Well with highly qualified professionals in our team along with the technology gives edge over others, as a result highly rated professional services with full customer satisfaction is assured. We help to grow and manage your business letting you to concentrate on your business.
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