Procedure To Convert A Private Limited Company Into One Person Company (OPC)
Any previously licensed Private Ltd. spread across the country on any of the economic sectors of production, manufacturer & commerce or services can apply for this conversion into OPC. to work out the procedure and ways to convert into the OPC, we've provided here with the detailed brief. The conversion process are going to be administered in strictly with the principles and provisions given in Section 18 of the Indian Companies Act of 2013, the businesses (Incorporation) Rules of 2014, particularly the sub-rules of rule 7 of the CR-2014.