Takeover or merger of pvt ltd company into partnership firm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 December 2015
Hello,
As Private company can not be converted to Partnership/Propreitor ship firm. Can partnership firm takeover private limited company? or can merger is possible between private limited company and partnership firm?
Please reply asap.
Thanks.
As Private company can not be converted to Partnership/Propreitor ship firm. Can partnership firm takeover private limited company? or can merger is possible between private limited company and partnership firm?
Please reply asap.
Thanks.
RAVI patidar
(Expert)
03 December 2015
REVERSE OPTION IS NOT PERMISSIBLE.
COMPNAY WILL DISSOLVE/CLOSED FIRST.
THEN FORM NEW FIRM.
FIRM CAN MERGE INTO COMPANY.
COMPNAY WILL DISSOLVE/CLOSED FIRST.
THEN FORM NEW FIRM.
FIRM CAN MERGE INTO COMPANY.
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