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Sec 8 company

Corporate & Other Laws

For conversion of sec 8 company to Pvt / Public company, Central Govt's persmission is required. What if the central govt rejects such conversion and the shareholders do not want to continue the operations of the sec 8 company?

Aman Mahajan

CA Final

★ 19K+

20-Jan-21 11:42

294

Answers (2)

Same doubt ð?§?

Kishore Babu

CA Inter

★ 8K+

20-Jan-21 11:45

Central government may order to wound up or will amalgamate the company with some other sec 8 company carrying out similar objectives

Venkateshwara Prabhu

CA Inter

★ 16K+

20-Jan-21 11:47

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