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Bebefit of conversion of firm into company

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 August 2011 pl tell me what are the legal benefit available when pf convert into private ltd co/
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CA. Nitin Agrawal

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CA. Nitin Agrawal (Expert)
28 August 2011 1. Better status i.e Corporate Status
2. Easy in bank finance
3. Share capital can be brought easily from
outsiders too by issuing shares at
premium.

4. Preference in Tender participation
5. Many more...
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