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This query is : Resolved
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.
01 July 2014
There is no such monetary limit.
Rupesh Jain
(Expert)
01 July 2014
what type of limit.
for capital no monetary limit.
for capital no monetary limit.
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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