Take over a partnership and proprietorship firm by company
This query is : Resolved
08 May 2013
1) is it possible to convert a partnership firm and a proprietorship firm in pvt ltd company without going through part ix
2)If yes then if any leagal person not accepting it and saying that it is not the right procedure. he says that there is no express provision in company act to do such conversion.
3 )in Main object clause ,it is mentioned to take over both the firm.
4) pl provide if any example, and any court order if any available regarding these type of conversion.
2)If yes then if any leagal person not accepting it and saying that it is not the right procedure. he says that there is no express provision in company act to do such conversion.
3 )in Main object clause ,it is mentioned to take over both the firm.
4) pl provide if any example, and any court order if any available regarding these type of conversion.
22 June 2013
Yes a partnership firm can be converted into a Pvt. Ltd. company by chapter 9 but for proprietorship you have to make a sale to the company
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
- ITR 2 Short Term gain & Long term gain
- Off Market debit and credit transaction
- Reporting Income under Section 44ADA
- Itr 1 processing
- Building and other construction workers welfare cess act 1996
- ITR returnFY25-26
- ITR validation error - Balance sheet is not filled
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Bank Accounts in Balance Sheet for ITR 3
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Form 10BD Filling
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
