takeover
This query is : Resolved
27 November 2010
Dear All
Please help me to understand :
can a private Ltd company can be takenover by firm (sole proprietor or partnership firm)and if yes whether High court approval is necessary?
Thanking all in anticipation......
Please help me to understand :
can a private Ltd company can be takenover by firm (sole proprietor or partnership firm)and if yes whether High court approval is necessary?
Thanking all in anticipation......
06 December 2010
Private Limited Company cannot be taken over by firm while vice versa is possible. The constitution of Private Limited company vis-a-vis firm / sole proprietorship are different. The company has to be wound up following the procedures stipulated in the Companies Act, 1956
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
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Clarification Required on Filing Form 141 for Joint Buyers
- HOUSING LOAN ISSUE
- Taxability of Partnership firm for FY 2025-26
- Portuguese Civil Code IT Return
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- Can we choose not to report losses in ITR3 if they cannot be carried forward?
- GST Rate for Catering Services
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
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
