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How to turn an LLP into a Private Limited Company in India

Online Legal India LogoBy Online Legal India Published On 30 Dec 2020 Updated On 06 Jan 2023 Category Private Limited Company

With the sudden growth in the business, many Limited Liability Partnerships are now getting converted into Private Limited Company. According to the provisions laid down in Section 366 of the Companies Act, 2013 and Company Rules, 2014.

Having said that there are many formalities that need to be satisfied for converting an LLP into a Private Limited Company. This article mainly focusses on all the incorporation process that needs to undertake which includes:

  • Approval of name

  • Securing DSC and DIN

  • Filing form no. URC – 1

  • Memorandum of Association & Articles of Association

 

Approval of name


The approved name should be obtained from the ROC by applying e-format. Post application to apply for this you need to items that are mentioned in the form INC-1. The name once accepted by the authority will be valid for 60 days.

Securing DSC and DIN
 

All the 7 members who will be directors post-incorporation should apply for Digital Signature Certificate (DSC) and Director Identification Number (DIN).

 

Filing form no. URC – 1
 

After completing the above-mentioned steps, the applicant must now file form no. URC-1 along with the documents.

 

Memorandum of Association & Articles of Association


Post formulation of the Memorandum of Association (MoA) & Articles of Association (AOA) ROC should be filed, after getting the name approval and sanction of form no. URC-1 – from the registrar.

 

How can We Help You?


Wondering about the hassle and also don't want to stand in the queue Online Legal India™ can help you schedule with eminent CA/CS if you want to turn LLP into PLC. We have our dedicated entourage who will guide you accordingly. As they work round the clock to give you support at an economical price.

Our team here will be at your side from preparing the required documents to processing them for the Ministry of Corporate Affairs (MCA) of the Indian Govt. and the Registrar of Companies (RoC). 

Apart from handling the necessaries to register your LLP as a Private Limited entity, we will provide digital assistance to you in terms of, GSTTAXCompliancesAccountingTrademark, any sort of assistance in Legal Notice sending, and any other form of business appliance. 

 

                                                                       

 


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