According to Section 18 of the Companies Act, 2013, a company may convert itself in some other class of company by altering its memorandum and articles of association. Following is
The conditions may include, a condition relating to: 1) qualification for Membership of the Stock Exchange. 2) manner in which contracts shall be entered into and enforced as between members.
In a public issue, the equity shares and convertible debentures held by promoters are locked-in for the/period stipulated below: 1) Minimum promoters contribution is locked-in for a period of 3