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How do I convert OPC in PVT Limited after 1 month of OPC registration?

  • parpellakerala
  • Aug 1, 2022
  • 1 min read

Conversion of an OPC into a private limited company is permitted only after two years from the date of incorporation.

However, if the paid-up share capital exceeds rupees 50 lakhs or if its average turnovers exceed INR 2 crores within two months, the OPC could convert into a private limited company by passing the special resolution, obtaining NOC from creditors and filing form INC 5.

 
 
 

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