3.6 Conversion of Public Company into Private Company

The retreat: the special resolution re-imposing the private restrictions (the transfer approval, the closed membership); the OCR's approval/registration (the Registrar's scrutiny — the creditors' and minority's protection concerns); the consequences — no public invitation; the share-transfer discipline of the private regime (the Companies Act 2063's approval route — the Shrijan Manandar case's terrain, Unit 2.3); the lighter compliance and the closed governance. The conversion's caution: it cannot be used to defeat creditors or oppress minorities — the oversight's grounds.