Company conversion typically refers to transitions such as One Person Company (OPC) to Private Limited, Private Limited to Public Limited, or Partnership Firm to LLP. As per law, specific thresholds in paid-up capital, turnover, or change in business structure necessitate timely conversion and proper documentation. Non-compliance attracts penalties under Sections 18 and 21 of the Comp... https://pressnews.biz/@corpzo/company-conversion-penalties-corpzo-zmbwt09iroba