Convert private limited company into a public limited company has the procedures prescribed in the act for conversion of status.

1. Convert private company into a
public company

2. The public company has the following procedures prescribed in
the act for convert private limited company for their status.
Similarly, a public limited company can convert itself into a
private limited company.

3. A company which is initially incorporated as a private limited company. The
company can change its status into that of public limited company. The public
company has the following procedures prescribed in the act for conversion of
status. Similarly, a public limited company can convert itself into a private limited
company.
 Circumstances for conversion of private limited company into public limited company
A private limited company can convert itself into a public
limited company in the following circumstances :
(a) voluntarily on its
own volition
(b) by reason of default
(c) by operation of law

4. Conversion of a private limited company into public limited
company on own volition
 A private limited company can convert itself into a public limited company on its own volition by
complying with the following requirements :
 (i) Change the company name by passing a special resolution in the manner provided in section
21. If any change in a company name. It can be occurred by passing a particular declaration.
Obtaining approval of the central government by delegation registrar of companies.
 Approval of ROC is not necessary where the only difference in the name is the element thereto or
deletion therefrom of the word “Private” consequent on the conversion. In conformity with the
provisions of the act, of a public limited company into private limited company or a private
limited company into public limited company.
 (ii) alter the articles to delete the prohibitions, restrictions and limitations contained in section
3(1).
 (iii) increase the number of members to more than fifty.

5. A private limited company can convert itself into a public limited company
on its own volition by complying with the following requirements:
 (I) Change the company name by passing a special resolution in the manner
provided in section 21. If any change in a company name. It can be
occurred by passing a particular declaration. Obtaining approval of the
central government by delegation registrar of companies.
 Approval of ROC is not necessary where the only difference in the name is
the element thereto or deletion therefrom of the word “Private” consequent
on the conversion. In conformity with the provisions of the act, of a public
limited company into private limited company or a private limited company
into public limited company.
 (ii) alter the articles to delete the prohibitions, restrictions and limitations
contained in section 3(1).
 (iii) increase the number of members to more than fifty.

6. For conversion of a private company into a public company the
following steps are required to be taken
 1.take the necessary decision in the board meeting. Define the agenda,
time, place for converting a meeting to alter the articles of association
consequently. The company name by particular resolution.
 2.Issue notices for declaring the special declarations with eligible
informative statements in the general meeting.
 3.Convene the meeting and pass the special declaration to the
following effect :
 (i) To cancel those articles which are needed to be considered
in the articles of a private limited company only. Such other
articles why do not assign to a public limited company. It should
be cancelled and those which implement should be attached.
 (ii) Consequent to the above changes, to delete the word
“Private” from its company name.

7.  4. The approval of central government by delegation registrar of companies to change of
name wherever necessary. Such registration is not required. Where the change relates only to
the addition to or deletion from the name. The word “Private” incidental on rectification.
 5. Register either the description in the form as ordered under schedule II. The statement in
lieu of descriptions in the form as imposed under list IV within 30 days of passing the above
special resolution.
 6. Filling of form no. 29 is not required by a private limited company converted into a public
limited company for their registration activities.
 7. Register the special declaration passed and the explanatory statements in form No. 23 with
the registrar within 30 days of passing them. The Chennai (ROC) is required for their
registration.
 8. Assign to the registrar for providing a fresh certificate of Registration in the changed name.
The present company name with the word “Private” deleted. On issue of such fresh certificate,
the company name is to be changed and converted a new company. It is the final stage of
registering a company registration.
 It should thus be noted that company registration is to be finalized. The company becomes a
public limited company. The special resolution to change the articles to make it a public
limited company is passed. The change of a company name becomes effective. Only on the
issue of the fresh certificate of registration by the registrar in Chennai (ROC) for changed
company name.

8. Conversion of a private company into a
public company by reason of default

9. A private limited company is required by law to provide by its articles for the
following namely :
 (i) restrictions on the rights to transfer its shares
 (ii) restriction on the maximum number of its members which should not
exceed fifty.
 (iii) prohibition on any request to the public to approve for any shares in or
debentures of the company registration is to be approved.
 (iv) The period on any approval or invitation of deposits from persons other
than its directors, members or relatives.
Where a failure is made with the aforesaid restrictions, prohibition and limitation are not having in
the clauses of a private limited company. The company shall vanish to be a private limited company.
It shall not be authorized to the exemptions and privileges consulted on private company for
purposes of this act.

10. A petition praying for relief from consequences of failure to simply with
conditions constituting it a private limited company. It is to be form to the
regional bench of the company law board in Chennai authorities. The regulations
1991 along with an application fee of Rs.200/-by the following documents.
 (i) Certified true copy of articles of association and memorandum
 (ii) Copy of document showing that default has been involved in
following with the provisions ordered down in clause.
 (iii) The legal document verifying the petition.
 (iv) Bank draft showing payment of request fee.
 (v) Memorandum of impression in Form No.5 of Annexure 1.