Regulation 23 — Conversion from private limited company to limited liability partnership

(1) The application for conversion from private limited company to a LLP shall be filed as per LLP-Form-VI [Part II] in terms of requirements as specified in the third Schedule of the Act subject to payment of fee as per Fee Schedule of these regulations.

(2) The registrar on being satisfied with the application, shall register the LLP and issue a Certificate of Incorporation as per LLP-Annexure-II.