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Change from prop to pvt ltd

Umesh Khanna (CEO) (51 Points)

24 December 2013

I have a prop. Firm , i have files cases against my debtors and cases are pending in high court,

now i want to transfer the company to my son as i am old and unwell, how can i do that i? The

change in owenership status should not affect the status of the case and.. There should be no

problems after the demise of the original decree holder please advise its urgent...

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jakson (Accountant) (41 Points)
Replied 03 January 2014

This is a simple process to register a private limited company in India. First you prepare all necessary documents such as memorandum & articles of association, form 18, statutory declaration for compliances, certification, stamping and apply for registration of the company with prescribed fee based on your proposed authorised capital and applicable Forms filing fees with the said ROC. After scrutiny of the documents filed and ensuring compliances, the ROC office would issue a certificate of incorporation and your private limited company would stand registered. Fee for registration depends on the authorised capital of the proposed company and filing of necessary forms. For practical approach to register a company, avail the services of a Practising Company Secretary who will charge you a fee, depending on the quantity and quality of work you need.

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