The Companies Act, 2013 provides for converting a Private Limited Company to a Public Limited Company by altering the MOA and AOA of the company and replacing private limited to public limited. Why you want to convert the private limited company into public limited company depends on below few scenerios: -
Corpseed can incorporate a Public Limited Company in 15 working days. The time taken for incorporation also depend on submission of documents by the client and speed of Government Approvals
Any individual/organization or foreigners/NRI can become the member of the Public Limited Company.
Ministry of Corporate Affairs (MCA) & The Company Act 2013
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The Insured banks will need to make a premium payment on DICGC on its total Insuring Deposits in two weeks. In the event of a delay, the banks are going to pay penal interest at 8% over the Bank rate
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