Re-Registration

[Muhammad Amir]

A Private Company can transform to Public Company and a Public Company can also transfrom to Private Compay however there are some rules...

<b>Conversion of Public Company to Private-</b>
A Company needed a Special Reolution with minorty protection that is those who have 15% shares or Voting Rights can writ a petition from court against company.....

<b>Conversion of Private Company to Public Company-</b>
The company would require only a Special Resolution

<b>Conversion of Limited Company to Unlimited Company</b>
The Company would require a <b>WRITTEN CONSENT OF EVERY MEMBER</b>

<b>Conversion of Unlimited Company to Limited Company</b>
The Company would require a Special Resolution....but if the company after re-registration dessolve within three years then company would be traated as it were an Unlimited Company and those who were member at the date of re-registration will be liable to discharge the debths of the company with liquidation expenses

<i><b>How ever a Company can't be converted from Company Limited by Gurantee to Company Limited by Shares and vice versa</b></i>

Regards
Muhammad Amir