Timeline to File INC 27 for Conversion of Pvt company into Public Co.

[harish choursiya]

While reading provision of Rule 33 incorporation rules , Filing INC 27 ...within 15 days from receiving RD order ..for the cases where we convert public to private company.

what about Private company into Public company ?? 

[Ashish Gupta]

same time - 15 days

 
AKG & CO
COMPANY SECRETARIES
FCS Ashish Gupta

A-16 Jitar Nagar, Parwana Road

Near Preet Vihar Metro Station, Delhi - 110051

09312210264

# Stay Safe #Stay Healthy

Save Paper Save Trees

Switch off as you go |Recycle always |  Your child deserves better world
“Excellence is not a Skill,  it is an Attitude”

The information contained in this communication is intended solely for the use of the individual/ entity to whom it is addressed and others authorized to receive it. It may contain confidential or legally privileged information. If you are not the intended recipient you are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by responding to this email and then delete it from your system. The sender is neither liable for the proper and complete transmission of the information contained in this communication nor for any delay in its receipt.

On Thu, Dec 14, 2023 at 6:02 PM harish choursiya <harishcho...@gmail.com> wrote:

While reading provision of Rule 33 incorporation rules , Filing INC 27 ...within 15 days from receiving RD order ..for the cases where we convert public to private company.

what about Private company into Public company ?? 

--
--
************************************************
Mail your comments, feedback and suggestions on CSMysore to Moderator: datta...@gmail.com and Manager: vivekhe...@gmail.com
---
You received this message because you are subscribed to the Google Groups "CSMysore" group.
To unsubscribe from this group and stop receiving emails from it, send an email to csmysore+u...@googlegroups.com.
To view this discussion on the web visit https://groups.google.com/d/msgid/csmysore/63c34784-c656-49c7-85dc-420722457e41n%40googlegroups.com.

[harish choursiya]

Thanks for your response 

While taking insights from  Help kit of MGT 14,  10 matter for which form is NON STP mode that means unless your form approve we are not allowed to go for INC 27.

Two Interpretation may be considered for INC 27 

15 days from passing SR may  not be feasible due to MCA/ROC may take longer time for approval 

15 days from approval of MGT 14

15 days from getting RD Order - Not applicable in our case 

kindly share your view over this 

As per help kit 

4.2 Processing Type
MGT-14 webform shall be processed in Conditional STP mode. For the following 10 purposes, this webform will be processed in Non-STP mode:
i. Conversion from public to private company
ii. Conversion from private to public company
iii. Allotment of Securities (Issue of sweat equity shares)
iv. Allotment of Securities (Issue of further shares to employees under scheme of employees stock option)
v. Allotment of Securities (Preferential or Private allotment)
vi. To request the Government to investigate the affairs of the company and to appoint inspectors
vii. Change in objects of the company in case company has unutilized amount of money raised through issue of prospectus
viii. Issue of Global Depository Receipts in any foreign country
ix. Investigation into the affairs of the company by Serious Fraud Investigation
x. Voluntary liquidation under sec 59
For all other purposes, this webform shall be processed in STP mode and shall be taken on record through electronic mode without any further processing. Ensure that all particulars in the webform are correct. There is no provision for resubmission of this webform.

To view this discussion on the web visit https://groups.google.com/d/msgid/csmysore/CAJNT%2BCZX_U7Lgv4ZdFT813F5GBtxk7FJhF1yWT7GD6PGrSsbSw%40mail.gmail.com.