A company can convert into Limited Liability Partnership:

A. By complying to requirements of the third schedule of Limited Liability Partnership Act, 2008.

B. It can convert if there is no security interest in its assets subsisting at the time of application.

C. Partners of Limited Liability Partnership are the erstwhile shareholders of the company and no one else.

D. All the assets, interests, rights and privileges of the company are transferred to the firm.

Choose the correct answer from the options given below