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Can a pvt ltd act as proprietor of a proprietory firm ??/

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 July 2015 Can a pvt ltd act as proprietor of a proprietory firm ??/

For Example:-

ABC Company
(Prop. XZY Private Limited
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
23 July 2015 Yes pvt ltd company as a legal entity can be proprietor of a proprietory firm.
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Querist : Anonymous

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Querist : Anonymous (Querist)
23 July 2015 Thanks, again if the business of that vproprietory firm is different from the business of a private limited company under which is is established then is it necessary to amend the main object cloause of the Company.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
23 July 2015 Yes the object clause is to be amended.

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