TMI BlogWhether two separate application fees required for reversion to status of private companyX X X X Extracts X X X X X X X X Extracts X X X X ..... ng become a public company by virtue of the provisions of section 43A(1) approaches the Company Law Board for obtaining approval under section 43A(4) for a reversion to the status of a private company, two applications to the Central Government ‑ one under section 43A(4) and the other under section 31(1) ‑ with two separate application fees are required under the aforesaid provisions o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the said application the company should amend its articles of association, if necessary, so as to incorporate the requirements of section 3(1)(iii). This amendment will be necessary in those cases of companies which during their existence as a public company under section 43A(1) chose to get those clauses of the articles of association deleted, which had conformed to the requirements of section 3( ..... X X X X Extracts X X X X X X X X Extracts X X X X
|