OPC TO PRIVATE LIMITED COMPANY

ABOUT OPC TO PRIVATE LIMITED COMPANY

According to the provisions of section 18 of the Companies Law 2013, the provisions relating to the conversion of a OPC or a company into a person in a Private company must be made by a newly formed  Private company. create. These rules do not affect the mutual fund's obligations, obligations, outstanding debts, or existing contracts. Two methods have been prescribed to convert OPC into a Private company, that is, voluntary or compulsory. In both types of conversions, the main requirement is the necessary amendments to the memorandum of association (MOA) and articles of incorporation (AOA), in line with article 18 of  2013 companies. read together with article 122 of the law. The regulation section states that no  written objections have been received from the  members and concerned creditors. It must also adopt a  written non-complaint form, adopt a resolution supporting the transition of the  members and directors involved. For the establishment of a  limited liability company, the minimum  capital contribution is Rs 1,00,000, in addition, two members and two directors are required. To apply for conversion of OPC into a private limited company, you need to complete the INC6 form, at the Ministry of Commerce (MCA), Government of India

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  • Is a Private Limited Company Suitable for making FDI in India?

    Yes! The private limited companies have been a hugely popular form of business entity amid foreign investors for making the direct foreign investment (subject to FDI Guidelines) in any country, by means of a wholly-owned subsidiary, a joint venture, etc

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  • What is Director Identification Number (DIN)?

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