Conversion of private ltd into firm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 November 2014
Company X have been incorporated with One division of business then later on another 3 division has been added. Now It needs to convert those division needs to be convert into separate firm - 3 firm. The Director of the company and partner of the firm are same. Please clarify me how to do ?
Amol S Joglekar
(Expert)
17 November 2014
These are two independent transactions. Licquidate the Company.
Formulate 3 partnership firms for each division.
Formulate 3 partnership firms for each division.
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