Common Questions
Most Popular Questions
The process involves obtaining approval from the shareholders, altering the Memorandum and Articles of Association, filing necessary forms with the RoC, and complying with legal requirements for conversion.
Reasons may include raising capital from the public markets, facilitating trading of shares on stock exchanges, enhancing liquidity, and accessing a larger investor base.
The conversion must comply with the provisions of the Companies Act, 2013, and involve obtaining necessary approvals from shareholders, filing required documents, and paying prescribed fees.
Yes, subject to compliance with legal requirements, eligibility criteria, assessment of business viability, and approval from regulatory authorities.
Documents such as altered Memorandum and Articles of Association, board resolutions, special resolutions, prospectus (if applicable), and necessary forms for filing with the RoC are required.
The process must be completed within a specified timeline, as per the requirements of the Companies Act, 2013, and any applicable regulations.
Non-compliance may lead to rejection of conversion by regulatory authorities, penalties imposed by the RoC, and adverse impact on the business's legal status and operations.
Yes, Avenue Advisory provides expert assistance for conversion, including assessing eligibility, preparing documents, filing applications, and compliance monitoring.
Avenue Advisory ensures compliance with the conversion procedure by guiding clients through the process, preparing accurate documents, and liaising with regulatory authorities for approvals.
Outsourcing to Avenue Advisory ensures accuracy, compliance, timely processing, and expert support, enabling businesses to navigate the complexities of transitioning to a public limited company smoothly.
