Conversion of Private Company to Public Company
A private company, whether limited or unlimited, can convert itself into a public company limited by shares by passing a special resolution to that effect.
Requirements for Registration of Conversion of Private Company
An Application for the Registration of the Conversion of the Company into a Public Company is lodged in Form CR 17, the Application for Registration of Conversion of Company and costs Kshs 7000.
It is accompanied by the following documents
- Amendment memorandum lodged at a fee of Kshs 2000.
- Form CR 19, the Notice of Special/Ordinary Resolution Required by Companies Act to be lodged with registrar lodged at a fee of Kshs 2000.
- Form CR 18, Application by Company to Have Its Name Struck off the Register to be lodged with registrar lodged at a fee of Kshs 2000.
- Form CR 15, Notice of Change of Name by Means Provided for In a Company’s Articles to be lodged with registrar lodged at a fee of Kshs 2000.
The Registrar once satisfied all the requirements of the Companies Act, 2015 have been met issues a Certificate of Conversion after 2 days when the application is lodged.
REFERENCES
Companies Act, 2015
