Conversion of proprietor into a partneship

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 March 2014 Hi, Everyone,
Currently am undergoing Secondment under a CA - Proprietary Concern, Now he is going to convert/converse the Proprietary into a Partnership Firm. So i just wanted to know that do i have to follow any procedures? or do i have to intimate the institute of this?

Thanking You,

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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03 March 2014 You do not have to do anything. However, if you are registered under the partner who is leaving the firm, your articleship is terminated and you have to take up articleship under another CA.

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