Conversion of Proprietorship into Partnership Firm

This query is : Resolved 
Quick Summary
This discussion outlines the steps involved in converting a proprietorship into a partnership firm. It addresses key concerns for peer review auditors, including potential changes to the Firm Registration Number (FRN) and the implications of altering the business name. Guidance is provided on when and how to initiate the conversion process, especially when changing the firm's name.

Profile Image

Profile Image

(Querist)
02 January 2020 Dear Expert,

As we are planning to Convert our Proprietorship into Partnership Firm, what will be the process.
As we are Peer Review Auditor what will be the impact on Peer Review.
Is after conversion our FRN will change.

Please guide us when and how we should start the process and solve my above query as well.
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
23 January 2020 Are you going to keep the same name or you want to change the name?
Profile Image

Gupta Princee

Profile Image

Gupta Princee (Querist)
28 February 2020 We will change the name as we will remove the word associates
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
29 February 2020 since you are incorporating a change in the name, you need to get the name approval.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries


Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member Umashankar GoyankaUmashankar GoyankaPro Member AjayAgarwalAjayAgarwalPro Member Binod SinghBinod SinghPro Member AbhijitAbhijitPro Member Vinod SelvVinod Selv
Subscribe to Pro
Join an elite circle of professionals



Answer Query



Quick Links



Browse by Category