Practice Brief • MCA, ROC & Corporate Affairs
Company Conversion & Business Restructuring
Entity conversions: Proprietorship to Pvt Ltd, LLP to Company, mergers, demergers, and capital reduction.
Turnaround: 3 to 6 weeks for standard conversions; 3 to 6 months for court-monitored schemes
Practice Lead: CA. R.A. Dhoot & Restructuring Cell
Practice Methodology & Regulatory Scope
As businesses expand, their legal identity must evolve. We architect tax-neutral entity transitions that protect accumulated assets, transfer licenses and contracts seamlessly, and restructure debt and equity for scalable growth.
Governing Statutory Acts & Guidelines
Companies Act 2013 (Section 230 to 240, Chapter XXI)
Income Tax Act 1961 (Section 47(xiiib), 50B)
NCLT (Procedure) Rules
Tangible Client Deliverables
1
Conversion documentation from Sole Proprietorship / Partnership to Private Limited2
Conversion from LLP to Private Limited Company under Chapter XXI3
Scheme of Arrangement and Fast Track Merger (Section 233) drafting4
Alteration of MOA & AOA for authorized capital increase or object clause change5
Slump Sale Agreement & Business Transfer Agreements (BTA)Measurable Enterprise Safeguards
Capital gains tax exemption upon conversion satisfying Section 47 conditions
Uninterrupted business continuity, banking limits, and commercial licenses
Defensible valuations and statutory certifications for ROC and NCLT
Statutory Practice FAQs
Q: Can an LLP convert into a Private Limited Company?
A: Yes, under Part I of Chapter XXI of the Companies Act 2013, an LLP can be converted into a Private Limited Company by filing Form URC-1 along with requisite statutory documents, advertisements, and member approvals.
Partner Consultation
Engage Practice Partner
Schedule an in-person chambers discussion or encrypted virtual conference with our senior practice leader.
Designated Partner Lead:
CA. R.A. Dhoot & Restructuring Cell
ICAI Fellow Chartered Accountant
Strict client confidentiality maintained under ICAI Code of Ethics.