propreitorship
This query is : Resolved
Pooja Chopda
(Querist)
04 February 2009
Can a pvt ltd company or a public comapany be a "popreitor" of a proprietor ship concern.
If no, where in law/case law has it been prohibited?
If yes, will the propritorship be a seperate entity?
thanks in anticipation.
Pooja
If no, where in law/case law has it been prohibited?
If yes, will the propritorship be a seperate entity?
thanks in anticipation.
Pooja
CA. B.SRINIVASULU
(Expert)
04 February 2009
Please note that a private limited company can be formed with a minimum of 2 members and a public limited can be formed with a minimum of 7 members. A proprietory concern means only one person has formed it. All acts starts with for forming a private limited company there should be 2 memebrs and like that.
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