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Author Topic: Can an OPC automatically become a private company?  (Read 407 times)

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Offline Janiabhi

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Can an OPC automatically become a private company?
« on: February 27, 2018, 01:58:02 AM »
Can an OPC automatically become a private company?

Offline nilelars

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Re: Can an OPC automatically become a private company?
« Reply #1 on: February 27, 2018, 02:24:26 AM »
Yes, a One Person Company can be converted into Private or Public Limited Company subject to some provisions applicable for said process. However, the conversion is not possible unless you make an application.

The conversion procedure can fall either under Voluntary Conversion or Mandatory Conversion. For both conversion processes, the application is to be made by the company itself by furnishing appropriate documents.
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Offline kalaskarkk

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Re: Can an OPC automatically become a private company?
« Reply #2 on: February 28, 2018, 01:28:21 AM »
Dear Sir,

I agree with opinion given by Ld. Adv.  nilelars.
Regards:

Kishan Dutt Kalaskar
Retd Judge and Advocate
No.74, 1st Floor, “Disley”  House,
Malleswaram, Bengaluru-560003.
Mob: 9686971935, 080-23461189
kalaskarnetra@gmail.com
Call me for clarification

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