Good afternoon
I have following query
A Private Limited Company ABC Pvt Ltd, wants to convert into an LLP.
ABC Pvt Ltd has 6 shareholders. One of them is a company, XYZ Pvt Ltd, which holds 19% shares. However, XYZ Pvt Ltd was struck off from the register under Section 248 of the Companies Act, 2013 in the year 2018.
So my question is :
1. Will the struck-off status of XYZ Pvt Ltd create a problem in converting into LLP?
2. If it creates problem then what is the solution to convert this company into the LLP.
Thanks & regards
CS Meghana Balgi