Topic : Private Company

KINDLY EXPLAIN ALL THE HEADINGS AND THEIR SUBHEADINGS. PLEASE DON'T SKIP ANY HEADING.

Marks = 100

1)Private company

a)Restrictions on transfer of shares

b)Limitations against number of members

c)Prohibitation action against invitation to public

2) Procedure for conversion of private company into public company

a)Modes of conversion

a-i)Transfer of shares

a-ii)Invitation to subscription of shares and debentures

b)Alteration of articles of association

c)Increase in membership

d)Submission of new altered articles of association

d-i)submission of new article of association within 14 days

d-ii)submission of other document