Conversion of Partnership into Joint Stock Company:

The provisions governing such a conversion are laid down under Chapter XX1, Part-I, Section 366 to 374 of the Companies Act, 2013. Issues relating to minimum share capital requirement (Rs.100,000) ,valuation of assets and liabilities, reporting, compliance certification and documentation need to be addressed in detail.


Conversion of Private Company into Public Company:

A series of compliance including alteration of MOA, AOA, increase in number of directors & members, internal approvals etc undergo. This procedure involves a play of many provisions simultaneously including section 2(68), 2(71), 3, 18, 14, 13, 149 of the Companies Act, 2013 ,followed by documentation (board resolution, special resolution, application to registrar for fresh issue of COI) and reporting pre and post conversion.