convertion of partnership in to limited company
This query is : Resolved
13 February 2008
sir
1. Is it posibile to convert a partnership firm in to a ltd copmany.
2. If it possbile is the new comany can legally claim the experience and goodwill of the partnership firms provided all partners become the member of the compnay and managing partner became the managing director of the proposed company.
3. If the partnership firm is take over by an existing company is it posibile to claim the experience of the partnership firm provided some partners already the member of the company and managing partner is also the managing director of the company. After take over all partners become the member of the company.
4. The issue of claiming experience is arised due to the partnership firm is doing contract business so previous experience is a critical factor in bidding.
1. Is it posibile to convert a partnership firm in to a ltd copmany.
2. If it possbile is the new comany can legally claim the experience and goodwill of the partnership firms provided all partners become the member of the compnay and managing partner became the managing director of the proposed company.
3. If the partnership firm is take over by an existing company is it posibile to claim the experience of the partnership firm provided some partners already the member of the company and managing partner is also the managing director of the company. After take over all partners become the member of the company.
4. The issue of claiming experience is arised due to the partnership firm is doing contract business so previous experience is a critical factor in bidding.
13 February 2008
1.Yes
2.What is the manner of claim?
2.What is the manner of claim?
13 February 2008
yes you can go for chapter IX procedure where you can convert your partnership to a limited company with all the essential character of [partnership firm
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
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Sale of Equity shares for Purchase of Residential Property
- ECO SUPPLY REPORTIONG IN GSTR-1
- TDS PROCEDURE ON SALE OF IMMOVABLE PROPERTY BY NRI
- Payment to foreign customer
- Non issue of e way bill
- Subscription paid to foreign customer
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
