Converting an LLP to a Private Limited Company allows for business growth, capital raising, and increased flexibility. The process involves passing a special resolution, altering the LLP agreement, and preparing documents like the MoA and AoA for the new company. The LLP must meet the minimum requirement of two shareholders and two directors. Necessary forms, such as Form INC-29 and Form LLP-4, are filed with the Registrar of Companies (RoC). Once approved, a certificate of incorporation is issued, completing the conversion. Post-conversion, the company must comply with regulatory requirements, such as holding meetings and filing returns. This conversion enhances credibility, attracts investors, and offers greater growth opportunities.
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