propreitorship

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Pooja Chopda (Querist)
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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

CA. B.SRINIVASULU

CA. B.SRINIVASULU (Expert)
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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.