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Conversion of private limited into partnership firm

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(Querist)
20 March 2015 Dear Experts,

Anyone provide the procedure that how to convert a private limited into ordinary partnership firm.
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CS JAY GOHIL

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CS JAY GOHIL (Expert)
21 March 2015 not possible,
one way is there
first close company and built new partnership in old name & business in this case transfer of asset bring capital gain on company

AS PER MY VIEW, CONVERT COMPANY TO LLP IS FAVOURABLE AND NO CAPITAL GAIN IS ATTRACTED ON TRANSFER OF ASSETS
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