Conversion of Partnership firms in to a new Company

This query is : Resolved 

26 December 2008 Sir,

There are 3 seperate partnership firms. I need to convert them in to a New Private limited Company. how to do it without attracting Capital Gain.

26 December 2008 if you make all the partners Directors and they hold the same sharing pattern, then it should be possible. Are there any immoveable properties in the firms.

27 December 2008 Thank you sir.

But there are three partnership firms, how to asign same sharing pattern to all partners?

Yes there are immovable properties in all three firms.

Is it compalsary that all partners to be directors or is it enough if they are only members.

03 January 2009 waiting for replies please...

23 June 2023 "Sorry, I am not a featured member."

For featured members contact....

https://www.caclubindia.com/catalogue/featured.asp


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details