conversion of partnership firm into Company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 June 2010
Dear Experts,
please let me know which provision of Companies Act 1956, make it mandatory for a Partnership Firm converted into private Company, to adapt the Articles of Association.
please let me know which provision of Companies Act 1956, make it mandatory for a Partnership Firm converted into private Company, to adapt the Articles of Association.
05 June 2010
Partnership firm can be converted into company form under part IX of the companies act. Though there is no specific provision for compulsory conversion, a partnership firm cannot have more than 20 partners. If the number exceeds, it has to be registed as a company.
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 June 2010
Thank You Mr. Rasesh
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