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(Querist)
01 July 2014 Hi friends i wanted to know whether there is any maximum limit of partnership firm after that one firm has to convert it in pvt ltd company ?? i heard 2 cr limit.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
01 July 2014 There is no such monetary limit.
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Rupesh Jain

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Rupesh Jain (Expert)
01 July 2014 what type of limit.
for capital no monetary limit.
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CA SUDIPTA SINHA

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CA SUDIPTA SINHA (Expert)
01 July 2014 There is no monetary limit but as regards to number of partners if it exceeds 20 then it should get converted.
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