do you wish to convert an unlisted public company into an llp

Under section 57 of the LLP act, 2008 an unlisted public company may convert into an Limited Liability Partnership (LLP) in accordance with the provisions of the act.

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convert an unlisted public company into an LLP

• An unlisted public company may convert into an LLP only. If the partners of the LLP into which the unlisted public limited company is to be converted. It may include all the

shareholders of the company. There is no security interest in its assets subsisting. In force at the time of application for such conversion. • Select among the shareholders of the unlisted public limited

company who will be the designated partners of the proposed LLP.


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• Convene a board meeting. As per section 173 of the 2013 act after giving notice to all the directors of the company

corresponding to section 286 of the 1956

act. A resolution approving the proposal of conversion of the company into an LLP. It contains the names of the shareholders. The holders who will be the designated partners subject to the acceptance of the shareholders in a general meeting. •.

Also authorize in the said board meeting one of the designated partners to make the necessary applications to the ROC for conversion. Do all deeds and acts in connection with such conversion


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Make an application in the form for each designated partners. So selected among the shareholders of the unlisted public limited company for registration of Designated Partner

Identification Number (DPIN) along with fee of

Rs.100 to the ROC of the place at Coimbatore. Where the LLP will be situated electronically after having it digitally signed by the applicant. Follow the provisions of Rule 10 of the LLP rules 2009 and attach. The documents specified in the sub-rule(2) of the said rule to form. The rule have those documents attested or certified by the authorities mentioned in sub-rule(3) of the said rule.


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Select a name for the proposed LLP. Ensure that at least six options are given for availability of name. Make an application in form (1) for reservation of name along with fee of Rs.200 to the same ROC electronically. It have signed by one of the shareholders of the unlisted public limited company.After obtaining an authorization to sign and

submit the application from other shareholders. Register incorporation document for the proposed LLP in form(2). Along with all attachments with the concerned ROC electronically with a fee as provided in the LLP rules 2009.






Follow the procedure for registration as incorporation document as mentioned above : Make an application electronically to the concerned ROC in the format provided in part A of form(18) together with the statements of shareholders in the format provided in form(18) along with the fees as mentioned in the LLP rules 2009.


Ensure that the statement mentioned above contains the following : (a) The name and registration number of the company. (b) The date on which the registration of a company was incorporated.


Attach the following in the form (18) : (a) Statement of consent of shareholders. (b) Statement of assets and liabilities of the private limited company duly certified as true. It is corrected by the auditor. (c) List of all secured creditors along with their consent. (d) Approval from any other body/authority. (e) optional attachment, if any


Have the form digitally certified by a partner or designated partner. It also have it certified by a

company secretary or cost accountant or chartered accountant. Once the ROC is satisfied that all the requirements of the LLP act 2008. The LLP rules 2009 framed there under are compiled with. He will issue a certificate of registration under the seal stating. The LLP is on and from the date specified in the certificate of registration under the LLP act 2008.




If the ROC refuses the registration. It can make an application to the company law board within 60 days from the date of receipt of such intimation or refusal.


Inform the ROC with which registration of unlisted public limited company is

registered under the provisions of the companies act 1956. The conversion and

the particulars of the LLP in form (14)

within 15 days of the date of the registration of the LLP.


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Ensure that for a period of 12 months commencing not later than 14 days. Later on the date of registration. Every official correspondence of the LLP bears the following (a) The term that it was, as from the date of registration in

Coimbatore registered office. The registrar converted from a

company into a LLP. (b) The name and registration number of the company from which it was converted.




Remember that any LLP which conversion the above provisions. The date of registration in Coimbatore

registered office. It will be punishable with a fine of Rs. 10000. It may extend to Rs. 1 lakh and with a further fine. It has not be less than Rs. 50/-. It may extend to Rs.500/- for every day. After the first day. After the default is continues.


do you wish to convert an unlisted public company into an llp

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