Conversion of partnership firm into private limited company
This query is : Resolved
03 March 2014
I need to Convert Partnership Firm into Private Limited Company
What are the procedure to be followed under Company Law
Which Forms are to be filled?
And how the assets of Partnership firm can be transferd
Please explain me in detail
What are the procedure to be followed under Company Law
Which Forms are to be filled?
And how the assets of Partnership firm can be transferd
Please explain me in detail
03 March 2014
please refer http://taxguru.in/company-law/checklistprocedure-for-conversion-of-partnership-firm-into-a-company.html
03 March 2014
There are only Form: 1, 18,32, 37 & 39
Thats all ??
What about Form no.2?
how to allot shares on which basis???
Thats all ??
What about Form no.2?
how to allot shares on which basis???
03 March 2014
I believe initial allotment is covered in Form 39.
03 March 2014
the basis of allotment (ie ratio) is a matter between the partners. normally the share should be in the ratio of balance in their capital accounts.
05 March 2014
Thank you so much for your reply
05 March 2014
you are welcome Monika
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