39. Rule

CHAPTER XVI

CONVERSION FROM PRIVATE COMPANY TO LIMITED LIABILITY PARTNERSHIP

39(1) For the purposes of the Third Schedule, an application shall be made in the format provided in Part A of Form 18 together with the statement of shareholders in format provided in Part B of Form 18 alongwith the fee as mentioned in Annexure ‘A’.

(2) The Registrar shall, on conversion of any private company into limited liability partnership shall issue a certificate of registration under his seal in Form 19.

(3) Omitted.