{"id":15709,"date":"2021-04-02T17:59:47","date_gmt":"2021-04-02T12:29:47","guid":{"rendered":"https:\/\/www.cagmc.com\/?p=15709"},"modified":"2024-06-04T12:43:14","modified_gmt":"2024-06-04T07:13:14","slug":"conversion-of-opc-into-private-or-public-conversion-of-private-into-opc","status":"publish","type":"post","link":"https:\/\/www.cagmc.com\/blog\/conversion-of-opc-into-private-or-public-conversion-of-private-into-opc\/","title":{"rendered":"Conversion of OPC into private or public\/ Conversion of private into OPC"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The process of converting OPC into private or public\/ Conversion of private into OPC has been simplified. This can be done by filing eForm INC-6 on the MCA Portal. eForm INC-6 is required to be filed pursuant to the provisions of Section 18 of the Companies Act, 2013.<\/span><\/p>\n<table style=\"width: 100%;\">\n<tbody>\n<tr>\n<td style=\"padding: 10px;\"><strong>Table of Content<\/strong><\/p>\n<ul>\n<li><a href=\"#filing\">Purpose of filing eForm INC-6 on MCA Portal<\/a><\/li>\n<li><a href=\"#methods\">Methods for conversion of OPC into Private Limited Company<\/a><\/li>\n<li><a href=\"#process\">Process of conversion of OPC into Private Limited Company<\/a><\/li>\n<li><a href=\"#conditions\">Conditions required to be fulfilled for filing eForm INC-6<\/a><\/li>\n<li><a href=\"#documents\">Documents required to be filed in case of eForm INC-6<\/a><\/li>\n<li id=\"purpose\"><a href=\"#opc\">Documents required in case of conversion of private company into OPC<\/a><\/li>\n<li><a href=\"#processing\">Processing Type of eForm INC-6<\/a><\/li>\n<li><a href=\"#generation\">SRN &amp; Challan Generation of eForm INC-6<\/a><\/li>\n<li><a href=\"#certificate\">Certificate of Incorporation after filing eForm INC-6<\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3 style=\"text-align: justify;\"><b>Purpose of filing eForm INC-6 on MCA Portal:<\/b><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">In case of conversion of <a href=\"https:\/\/cleartax.in\/s\/convert-opc-private-limited-company\" target=\"_blank\" rel=\"noopener\">OPC into private or public\u00a0 or conversion of private into OPC<\/a>, eForm INC-6 is required to be filed on MCA Portal. If paid up share capital of an One person company exceeds Rs 50 Lakhs or its average annual turnover exceeds Rs 2 crores, it shall make an application in Form INC-6 within 6 months from the effective date on which the threshold limit was exceeded.<\/span><\/p>\n<p id=\"methods\" style=\"text-align: justify;\"><span style=\"font-weight: 400;\">In case any One Person Company wants to convert itself into private or public company then it can voluntarily apply through Form INC-6. A Private Company can also voluntarily apply through Form INC-6, in case it wants to be changed into OPC.<\/span><\/p>\n<h3 id=\"process\" style=\"text-align: justify;\"><b>Methods for conversion of OPC into Private Limited Company:<\/b><\/h3>\n<ol style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mandatory Conversion<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Voluntary Conversion<\/span><\/li>\n<\/ol>\n<h3 style=\"text-align: justify;\"><b>Process of conversion of OPC into Private Limited Company:<\/b><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Steps to be followed for the conversion of OPC into Private Limited Company:-<\/span><b><\/b><\/p>\n<ul style=\"text-align: justify;\">\n<li aria-level=\"1\"><b>Special Resolution: <\/b>First step is a special resolution that needs to be passed for conversion of OPC into Private Limited Company. Special Resolution shall be passed by the shareholders of OPC in the General meeting. In the General meeting certain requirements need to be fulfilled to become a <a href=\"https:\/\/www.cagmc.com\/private-limited-company\/\">private limited company<\/a> such as increasing paid up capital (if required), no. of shareholders and appointment of directors. Limit of shareholders should be at least 2 and 2 directors for converting an OPC into Private Limited Company.<\/li>\n<li id=\"conditions\" aria-level=\"1\"><b>Intimating to Registrar of Companies (ROC): <\/b>The one person company shall file a copy of special resolution with the concerned registrar of companies (ROC) in Form MGT-14 within 30 days of passing of special resolution.<\/li>\n<li aria-level=\"1\"><b>Application for conversion of One Person Company to Private Limited Company: <\/b>As per Section 18 of Companies Act, 2013 and Rule 6 &amp; 7(4) of the Companies (Incorporation) Rules, 2014, the company shall file an application in eForm INC-6 within 6 months of mandatory conversion and 30 days of voluntary conversion along with the fees and attachments prescribed by the authorities.<\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><b>Conditions required to be fulfilled for filing eForm INC-6:<\/b><\/h3>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Alteration of memorandum and articles of association of the Company.<\/span><\/li>\n<li id=\"documents\" style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Application has to be made to the registrar, Registrar after satisfying with the application issue a certificate of incorporation in the same manner as its first registration.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The registration of a company under this section shall not affect any debts, liabilities, obligations or contracts incurred or entered into.<\/span><\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><b>Documents required to be filed in case of eForm INC-6:<\/b><\/h3>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Altered Memorandum of Association of the Company<\/span><\/li>\n<li id=\"opc\" style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Altered articles of association of the company<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Copy of the attested latest financial statements<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Copy of Board Resolution authorizing giving of notice<\/span><\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><b>Documents required in case of conversion of private company into OPC:<\/b><\/h3>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Affidavit<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Certified true copy of minutes, list of creditors and list of members<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Copy of NOC of every creditors<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Consent of the nominee in form INC-3 along with all enclosures<\/span><\/li>\n<li id=\"processing\" style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Copy of PAN card of the nominee and member<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Proof of identity of the nominee and member<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Residential proof of the nominee and member<\/span><\/li>\n<\/ul>\n<h3 id=\"generation\" style=\"text-align: justify;\"><b>Processing Type of eForm INC-6:<\/b><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The eForm INC-6 will be processed by the authorities of the Registrar of Companies (ROC).<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-15711 size-full\" src=\"https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2021\/04\/Conversion-of-OPC-into-private-or-public_-Conversion-of-private-into-OPC.png\" alt=\"Conversion of OPC into private or public\/ Conversion of private into OPC\" width=\"1200\" height=\"630\" srcset=\"https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2021\/04\/Conversion-of-OPC-into-private-or-public_-Conversion-of-private-into-OPC.png 1200w, https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2021\/04\/Conversion-of-OPC-into-private-or-public_-Conversion-of-private-into-OPC-300x158.png 300w, https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2021\/04\/Conversion-of-OPC-into-private-or-public_-Conversion-of-private-into-OPC-1024x538.png 1024w, https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2021\/04\/Conversion-of-OPC-into-private-or-public_-Conversion-of-private-into-OPC-768x403.png 768w, https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2021\/04\/Conversion-of-OPC-into-private-or-public_-Conversion-of-private-into-OPC-615x323.png 615w, https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2021\/04\/Conversion-of-OPC-into-private-or-public_-Conversion-of-private-into-OPC-400x210.png 400w, https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2021\/04\/Conversion-of-OPC-into-private-or-public_-Conversion-of-private-into-OPC-292x153.png 292w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<h3 style=\"text-align: justify;\"><b>SRN &amp; Challan Generation of eForm INC-6:<\/b><\/h3>\n<p id=\"certificate\" style=\"text-align: justify;\"><span style=\"font-weight: 400;\">After submission of eForm INC-6, SRN will be generated and it can be used for future reference by the user. Challan will be generated depicting the details of the fees paid by the user to the ministry. It is basically the acknowledgement receipt to the user that the eForm has been successfully filed on the MCA portal.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><b>Certificate of Incorporation after filing eForm INC-6:\u00a0<\/b><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">In case an eForm is approved or rejected by the authorities, an acknowledgement of approval or rejection is sent to the user in the form of email to the email id of the company. If the authorities are satisfied with the documents submitted by the user, Fresh Certificate of Incorporation has been generated and sent to the user as an attachment to the email.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The process of converting OPC into private or public\/ Conversion of private into OPC has been simplified. This can be [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":15711,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[70],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Conversion of OPC into private or public\/ Conversion of private into OPC<\/title>\n<meta name=\"description\" content=\"Know about Steps of Conversion of OPC into private or public\/ Conversion of private into OPC has been simplified.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cagmc.com\/blog\/conversion-of-opc-into-private-or-public-conversion-of-private-into-opc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Conversion of OPC into private or public\/ Conversion of private into OPC\" \/>\n<meta property=\"og:description\" content=\"Know about Steps of Conversion of OPC into private or public\/ Conversion of private into OPC has been simplified.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cagmc.com\/blog\/conversion-of-opc-into-private-or-public-conversion-of-private-into-opc\/\" \/>\n<meta property=\"og:site_name\" content=\"Goyal Mangal &amp; 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