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2019 (5) TMI 390 - Tri - Companies LawAlteration of Articles of Association - change of status of the Company from 'Public Limited Company' to 'Private Limited Company' - HELD THAT:- Having regard to the facts and circumstances of the above case and 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 16.03.2018 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 of the creditors of the Petitioner Company. The Petitioner is hereby directed to file with the Registrar of Companies, Hyderabad, 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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