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When Private ltd. formation is required.

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(Querist)
30 March 2011 I am running a sole proprietorship business. I want to know what are the conditions when Private ltd. formation is required/compulsory.
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Rasesh

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Rasesh (Expert)
30 March 2011 There is no mandatory requirement to convert Sole Proprietorship business into Company Form of Business.
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CS ,CMA Shambhu Kr. jha

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CS ,CMA Shambhu Kr. jha (Expert)
19 April 2011
there is no such legal binding , generally people are doing so for the better governance of business

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