Conversion of a Private Company into a Public Company

A private company may become a public company in any of the following three modes: 1. Conversion by Default. 2. Conversion by Operation of Law or Private Company to be Deemed Public Company. 3. Conversion by Choice. 1. Conversion by Default: Where a private company makes a default in complying with the statutory requirements as laid down in Sec. 3(1)(iii) [...]