A private limited company can convert itself into a public limited company on its own volition by complying with the necessary requirements.A fairly straightforward process, but do remember that you need three directors, seven shareholders and a paid-up capital of at least Rs. 5 lakhs. The process to convert from private to public limited company is simple, but will take 20 to 30 days to complete, as there are many steps involved. First you need to alter the articles of association, then delete the word private from your name, commence the registration process and finally wait for the certificate of commencement of business. Do note, however, that some requirements and charges will depend on whether or not you already have three directors, seven members (shareholders) and a paid-up capital of Rs. 5 lakhs.
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