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2017 (6) TMI 740 - Tri - Companies LawConversion of the status of the Company from a Public to a Private Limited Company - alteration of AOA - Special Resolution passed at the Extra-ordinary General Meeting - change of status of the Company - Held that:- Since all the requisite statutory compliances having been fulfilled, the conversion of the status of the Company from “Public Limited” to “Private Limited” as per Special Resolution passed at the EOGM on 14.06.2016 is hereby approved in the interest of the Company and such change of status of the Company shall not cause any prejudice either to the Members or the Creditors of the petitioner Company. C.P. No. 47/2017 is accordingly allowed as disposed of. The Petitioner Company shall comply with the conditions as mentioned in the communication dated 22.03.2017 from RBI, DNBS, Kolkata. The petitioner is hereby directed to file with the Registrar of Companies, West Bengal, a certified copy of the order of this Bench in the prescribed e-form together with a printed copy of the altered Articles of Association as also with requisite fee within a period of 15 days in terms of the provision of section (2) of section 14 of the Companies Act, 2013 read with Rule 161 of NCLT Rules, 2016
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