Delve into dividend declarations under the Companies Act, 2013. Discover types, criteria, ineligible companies, steps for private firms, and essential FAQs.
After Companies (Incorporation) Amendment Rules 2021, a Company can voluntary convert itself to private/public limited at anytime without meeting any specified criteria of paid up share capital and turnover. The conversion of OPC into a private limited company will not affect the existing debts, liabilities, obligations or contracts of OPC