PRIVATE TO PUBLIC COMPANY CONVERSION | PUBLIC TO PRIVATE CONVERSION | COMPANY LAW EXPLAINED

Описание: प्राइवेट कम्पनी कब पब्लिक कम्पनी बनती है और पब्लिक कम्पनी कब प्राइवेट बनती है?
When Does a Private Company Become Public and a Public Company Become Private?


This video explains the legal provisions relating to the conversion of private companies into public companies and vice versa under the Companies Act, 2013. It discusses the circumstances and procedures required for such conversions, including alteration of Articles of Association and passing of special resolutions.

The lecture highlights that a private company becomes a public company by removing restrictions such as limitation on number of members and restriction on transfer of shares. Conversely, a public company can convert into a private company by inserting such restrictions in its articles and obtaining approval from the Central Government.

The video also emphasizes that legal status depends on compliance with statutory provisions rather than mere administrative formalities. This topic is essential for law students, commerce students, and judiciary aspirants.


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