Post conversion procedure

General202631 sections6 chapters

Chapter III PROCEDURE FOR CONVERSION

Statutory text

(1) The converted person shall submit a declaration as per prescribed format within thirty days of the date of conversion, to the Competent Authority before whom the declaration under Section 4 was submitted.
(2) Contravention of sub-section
(1) shall have effect of rendering the proposed conversion, illegal and void.
(3) The Competent Authority shall require the converted person to appear in person within twenty-one days of submitting the declaration in sub-section (1), to verify their identity and confirm the contents of the declaration. Upon due verification, the Competent Authority shall issue a Certificate of Conversion as per prescribed format.
(4) The Certificate of Conversion issued under sub-section
(3) shall be deemed conclusive evidence that the conversion was conducted in accordance with the provisions of this Act.

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