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Conversion of Public Limited Co. into Private Limited Co. Series 404

Conversion of Public Limited Co. into Private Limited Co. Article updated as on 20 th December, 2018 As per Section 14(1)- for conversion of Public Company into Private Limited Company approval of Tribunal is required. [1] By ordinance, 2018: Power of Tribunal has been transferred to Central Government . Therefore, after notification of ordinance Public Company can be converting into Private Company with approval of Central Government. MCA on 18 th December, 2018 has published Companies (Incorporation) Fourth Amendment Rules, 2018. They shall come into effect from 18 th December, 2018. By these rules MCA amended Rule 41 “applicability under section 14 for conversion of Public Company into Private Company” Power of Central Government assigned to Regional Director for approval of conversion of public limited company into private limited company. In this editorial the author shall discuss the process of Conversion of Public Company in P