If a company which is formed with unlimited liability

Solution

Companies (Incorporation) Rules, 2014 Rule 37. Conversion of unlimited Liability company into a limited Liability company by shares or guarantee (1) Without prejudice to any other provision in the Companies Act for effecting the conversion of an unlimited liability company with or without share capital into limited liability company by shares or guarantee, such a company shall pass a special resolution in a general meeting and thereafter, an application shall be filed in Form No. INC- 27 in the manner provided in sub-rules (2) and (3).