Ravi Singh
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The conversion of PLC (Private limited company) into an OPC (One Person Company) is provided as per the Companies Act, 2013, which implements a mechanism to convert one class of company into another. Section 18 of the Act, explicitly grants the conversion of an already registered private limited company starting from 1 April 2014.
The conversion of Private Company into OPC would not affect the responsibilities and contractual obligations of the company before conversion, and such claims, liabilities, obligations shall be enforceable by law, and the resulting OPC shall be liable for them.
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Senior Professional Having 30 years experience in Direct and Indirect Tax, Companies Act, Trademark Act, FSSAI Matters, Labour laws and has done all types of works from procedural formalities to litigation
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