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      Question

      Which section of the Companies Act delas with the

      provision of conversion of companies already registered?
      A Section 7 Correct Answer Incorrect Answer
      B Section 8 Correct Answer Incorrect Answer
      C Section 18 Correct Answer Incorrect Answer
      D Section 19 Correct Answer Incorrect Answer
      E Section 22 Correct Answer Incorrect Answer

      Solution

      Section 18: Conversion of companies already registered This section explicitly  provides the mechanism for a company of one class  (e.g., Private Limited) to convert itself into a company of another class (e.g., Public Limited) by altering its Memorandum and Articles of Association.  

      • Key Provision: Upon compliance with the requirements, the Registrar issues a new Certificate of Incorporation, but this conversion does not affect any debts, liabilities, or obligations incurred by the company before the conversion.  

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