Conversion of partnership into pvt ltd
This query is : Resolved
Mahesh Soni
(Querist)
01 June 2012
Is is necessary to have 7 partners in Partnership firm to convert into Pvt Ltd as per part IX of Cos Act?
What if there are two partners in the partnership firm and both agree to convert the firm into Pvt Ltd?
Is it necessary to have both the partners inducted as Director in the Pvt Ltd?
What if there are two partners in the partnership firm and both agree to convert the firm into Pvt Ltd?
Is it necessary to have both the partners inducted as Director in the Pvt Ltd?
Ca Anand Dubey
(Expert)
01 June 2012
The reply is as under:-
1. YES
2&3. not relevant question as you need 7 partners.
Please refer part IX of companies act
1. YES
2&3. not relevant question as you need 7 partners.
Please refer part IX of companies act
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Taxation of crypto futures in India Fy 2026- 2027
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- EPF ECR NEW RULES Sep 17th 2026
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
