IN RE Vs. NANDESHARI RASAYANEE LTD

JUDGEMENT

(1.) M/S. Nandesari Rasayanee Limited filed this Petition under Section 14(1) of the Companies Act, 2013, with a prayer to convert the Company from 'Public Limited Company' to 'Private Limited Company'.

(2.) The facts in brief, that are germane for the disposal of this Petition, are as follows;

(3.) According to the Petitioner, following are the reasons for the conversion of the 'Public Company' into 'Private Company';