In spite of the fact that private limited companies are a dime a dozen, every one of them wishes to go public in an attempt to increase scalability at some point. In general, the question is asked, “Why go public?” The answer lies in the distinct differences between private limited companies and public limited companies….
Tag: procedure for conversion of private company into public company
Steps for the Conversion of Private Limited Company into Public Limited Company
A company can be classified as a Private Limited Company or a Public Limited Company. Public Companies are defined under Section 2 (68) of the Companies Act, 2013 and Private Companies under Section 2 (69) of the Companies Act, 2013. We can conclude from our understanding that Private Companies are those in which their articles…