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We have initiated the procedure for Incorporation of a company under Chapter XXI for Conversion (i.e. Vesting of Interest) of a Co operative Society into a limited Company. After filling INC-1, MCA clarified that Since the Rules are not clear in this context u/s 366 Part-1 of Chapter XXI of Companies Act,2013.The proposed name is not allowed, till further clarification in this matter. Further we revived guidance from MCA to convert the Co operative Society into LLP and then Convert the LLP into a Limited Company. So please guide us in this regard and kindly explain the procedure.

Incorporation

Posted By: Kedar 9 year(s) ago

This question has been closed if you want to answer,you have to re-open.


Expert    Ankit Singhi

I think you should write to MCA seeking clarification in respect of the matter, converting into LLP and then into a company is not a feasible option

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