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Petition under section 14

Rule 68 - Rule - Special Procedure - Companies Law - Rule 68 - 68. .- (1) A petition under the second provision to sub-section (I) of section 14 of the Act for the conversion of a public company into a private company, shall, not less than three months from the date of passing of Special resolution, be filed to the Tribunal in Form No. NCLT. 1 and shall be accompanied by such documents as are mentioned in Annexure B. (2) Every petition filed under sub-rule (1) shall set out the following particu .....

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ers and other related parties. (f) listed Or unlisted public company; (g) the nature of the company, that is, a company limited by shares, a company limited by guarantee (having share capital or not having share capital) and unlimited company; (h) details as to whether a company registered under section 8 of the Act. (3) There shall be attached to the application, a list of creditors and debenture holders, drawn up to the latest practicable date preceding the date of filing of petition by not mo .....

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by the company secretary of the company, if any, and not less than two directors of the company, one of whom shall be a managing director, where there is one, to the effect that they have made a full enquiry into the affairs of the company and, having done so, have formed an opinion that the list of creditors is correct, and that the estimated value as given in the list Of the debts or claims payable on a contingency or not ascertained are proper estimates of the values of such debts and claims .....

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