Conversion of a company limited by guarantee into a company limited by shares

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..... the Companies Act, 2013 may convert itself into a company limited by shares. (1) The company seeking conversion shall have a share capital equivalent to the guarantee amount. (2) A special resolution is passed by its members authorising such a conversion omitting the guarantee clause in its Memorandum of Association and altering the Articles of Association to provide for the articles as a .....

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..... led under these rules within thirty days from the date of receipt of application complete in all respects and upon approval of Form No. INC-27, the company shall be issued with a certificate of incorporation in Form No. INC-11B.] ********* Notes:- 1. Inserted vide F. No. 1/13/2013 CL-V - Dated 1-10-2016 with effect from 1st November, 2016 2. Substituted vide NOTIFICATION N .....

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