Procedure for Conversion of Partnership firm into Public Company

1. Convene Meeting of Partners

  • To execute a supplementary Partnership Deed to align it with the requirement of the act.
  • To Take assent of 3/4th partners at a general meeting summoned for the purpose of registering the firm as a company.
  • To authorize one or more partners to take all steps necessary and to execute all papers, deeds, documents etc. pursuant to registration of the firm as a Company.

2. Apply for Digital Signature of proposed Directors.

3. Apply for Director Identification Number (DIN) of Proposed Director in Form DIR-3.

    Documents required for DIN

  • Aadhaar Card
  • PAN Card
  • Passport size Photo
  • Contact Number
  • E mail id

4. Apply for Name in “Reserve Unique Name (RUN)

5. Publish Newspaper Advertisement:

A notice in the form of URC-2 is required to be published in the 2 newspapers, One English daily and another in the regional language where the office of the partnership is situated.

6. File form URC-1

Following Details required for filing URC-1

  • SRN of RUN
  • Name of Partnership firm / Registration No(if any), Number of Partners,
  • Date of Partnership Deed
  • Date of partners resolution
  • Total amount of Property
  • Secured debt (if any)

Attachments in form URC-1

  • Particulars of Partners and Shares held by them;
  • Affidavit duly notarized from all the partners for dissolution of the firm;
  • Declaration by 2 directors verifying the particulars of members;
  • Copy of the Partnership deed;
  • Copy of certificate of registration of the entity, if any;
  • Copy of Newspaper advertisement; (FORMAT GIVEN)
  • Certificate from a CA/CS/CWA certifying the compliance with all the provisions of Stamp Act, to the extent applicable;
  • A copy of latest IT return;
  • Undertaking from Directors for compliance with requirements of Indian Stamp Act, 1899;

7. File Form SPICe-32, e-MOA and e-AOA with following Attachments

  • Affidavit and declaration by the first subscriber(s) and director(s) in specified Form DIR-2 & INC -9
  • Proof of Office address :
  • Conveyance/ Lease deed
  • Rent Agreement, if premise is on rent
  • Copy of the utility bills:-
  • Electricity Bill
  • Gas Bill (not older than two months)
  • Resolution of Partners regarding Conversion

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