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2019 (4) TMI 822 - Tri - Companies LawConversion of status of the Company from “Public Limited Company” to “Private Limited Company” - alteration of Articles of Association - Section 14 of the Companies Act, 2013 - Held that:- Since all the requisite statutory compliance has been fulfilled, the conversion of the status of the company from “Public Limited” to “Private Limited” as per Special Resolution passed at the EOGM held on 08.02.2018 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 - The Petitioner shall, however, remain bound to comply with the statutory requirements in accordance with law.
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