Can a partnership firm be converted to proprietary concern?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 April 2010
I would like to know if a partnership firm registered in Karnataka can be converted to a proprietary concern. Also, what procedures need to be followed for the same.
Appreciate your guidance.
Thanks.
Appreciate your guidance.
Thanks.
16 April 2010
Whether this question is related to VAT??
In my opinion, as per the definition of the term "person' given in differne VAT Acts, separate registration will be required for converted proprietorship firm. However, in some states like Assam, such convertion is allowed by filing a specific form of changes in R.C.
In my opinion, as per the definition of the term "person' given in differne VAT Acts, separate registration will be required for converted proprietorship firm. However, in some states like Assam, such convertion is allowed by filing a specific form of changes in R.C.
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