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Private to Public

In Nepal, the Companies Act, 2063 has mentioned about Process of Company Conversion (private to public; public to private) in Nepal. The process of Company Conversion in Nepal from private to public is private-public conversion

Terms and conditions

Private to Public

Process of conversion of Private Company into Public Company is mentioned below:

  • If the General Meeting of the Private Company adopts a special resolution to convert into a public company.

Process of Conversion:

Step 1 make an application accompanied by a copy of the resolution and fees within 30 days of the resolution
Step 2 OCR examines and evaluates the application and documents submitted
Step 3 OCR Provides conversion certificate within 60 days

 

  • If 25% or more shares of the Private Company are subscribed by a public company
  • If a private company subscribes 25% or more of the shares of a public company

Process of conversion:

Step 1 Make an application setting out all details accompanied by the fee to the OCR within seven days after the date of occurrence of the circumstances
Step 2 OCR examines and evaluates the application and documents submitted
Step 3  

 

issuance of conversion certificate by OCR

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