Home |Company Registration | How should Registrar of Companies (RoC) be informed regarding conversion of One Person Company (OPC) into public a or private company?

How should Registrar of Companies (RoC) be informed regarding conversion of One Person Company (OPC) into public a or private company?

Answer Notify Me - 1 Notifying - 2
Ishita Ramani Ishita Ramani
Answered on March 11,2022

The OPC can convert into a Public Limited Company either voluntary or mandatorily ( if the paid-up share capital exceeds fifty lakhs rupees its average turnover during the relevant period exceeds two crores). In both cases, the company needs to give notice to ROC within 60 days in form no. INC-5 has been converted from an OPC to a Public Limited Company.

 

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Firoz Firoz
Answered on February 13,2020

The OPC shall inform RoC via Form INC-5 (MCA Form), if the threshold limits  exceeded and is required to be converted into private or public Company.

For more information, click here.

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