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Section 8 to Private Limited Company

Companies that are registered under Section 8 of the Companies Act, 2013 are those companies that pertain to Non-Government or Non-Profit Organizations. If the promoters want to convert to a Profit distributing company then the same can be achieved by filling an application of conversion to Regional Director of the region under whose jurisdiction the company is situated.

Procedure for Section 8 to Private Limited Company

Steps to form a Conversion Section 8 Company to Private Limited Company

Drafting of
Resolution
Application to Regional Director
Newspaper Advertisement
New Incorporation Certificate

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Procedure

Conversion of Section 8 Company to Private Limited Company

Companies that are registered under Section 8 of the Companies Act, 2013 are those companies that pertain to Non-Government or Non-Profit Organizations. If the promoters want to convert to a Profit distributing company then the same can be achieved by filling an application of conversion to Regional Director of the region under whose jurisdiction the company is situated.

Conversion of Section 8 Company to any other form of Company requires lots of liasioning with various authorities including Commissioner of Income Tax (CIT), Charity Commissioner, Secretary of state, ROC and RD. A copy of notice convening the Extra Ordinary General Meeting (EGM) has to be send via courier or delivered by hand to these authorities, and if any objections then have to be sorted out.

Documents

  • EGM Notices and Documents
  • Memorandum and Article of Association
  • Declaration and Affidavits
  • Updated Financial Statements and Returns
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