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    Closure of Section-8 Company

    Posted By : Ekta Wadhwani / Published on : 08-Aug-2019 06:12 AM / View : 730 / Comment : 0

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    Dear Members,

    Kindly guide..

    We are in the process of closing a Section 8 Company, We understand that it needs to be converted into a Private/Public Limited Company for closure.

    For that process, we require the following clarifications:

    1) While converting a section 8 company to a private company for closure..can the reason for conversion be mentioned as "closure" in the explanatory statement to EGM notice?

    2) Secondly, since it's for closure, what needs to be mentioned in the revised name and objects clause?

    Thanks in advance, please guide.
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