A Board Resolution For Conversion Of OPC To Private Company is a critical corporate document required when an Indian One Person Company decides to scale up its operations and convert to a private limited company structure. This document becomes necessary when the OPC has grown beyond the threshold limits specified in the Companies Act, 2013, or when the sole shareholder strategically decides to expand the ownership structure. The resolution must comply with Section 18 of the Companies Act, 2013, and Rule 6 of the Companies (Incorporation) Rules, 2014. It serves as the primary evidence of the company's decision to convert and includes various statutory requirements such as minimum member requirements, capital structure changes, and amendments to company constitutional documents. This document is particularly important as it forms the basis for all subsequent regulatory filings and corporate actions related to the conversion process.

1. Title and Date: Specifies the type of resolution and date of the board meeting

2. Venue and Attendance: Details of meeting location and director(s) present

3. Chairman: Appointment of chairman for the meeting

4. Notice and Quorum: Confirmation of proper notice and quorum requirements

5. Background: Brief overview of the company's current status as OPC and reason for conversion

6. Legal Framework Reference: Citation of relevant sections of Companies Act and Rules governing the conversion

7. Main Resolution: Formal decision to convert from OPC to Private Company

8. Minimum Members Resolution: Resolution to increase minimum number of members as required for private company

9. Capital Structure Confirmation: Confirmation of paid-up share capital requirements

10. Authority for Documentation: Authorization to directors/officers to file necessary forms and documents

11. MOA/AOA Amendment: Approval for amendments to company constitutional documents

12. Conclusion and Signature: Closure of meeting and signature requirements