take over of pvt co

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 September 2010 A big flourising partnrsip firm with good turnover wants to take over a small pvt. ltd. co. and after taking over they want to remove pvt ltd. to the name utilising the name.The managing partner of firm will purchase the shares. What are the proceedures to be followed. are there any instances of this type of takeover. Is it possible and legal as per law and as per IT act and will registrar of company okay it

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 September 2010 i got the reply while browsing similasr resolved queries


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