CONVERSION OF FIRM INTO PVT. LTD.

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cs
227 Points Joined September 2009

Pls. clarify the difference between between:

* Conversion of a part. firm into Pvt. Ltd. company under Chapter IX

** Take over of a part. firm by an existing Pvt. Ltd. company

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On 03 September 2009 at 14:18 Report
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In the second case you doesn't  need to follow the chapter IX procedure. You can purchase the partnership firm by entering into simple business purchase agreement with the partnership firm.

 

If you need further clarification than contact me.

 

Ankur Shah (Practicing Company Secretary)
“Guru Gautam” Bungalow, Inside Parshwa Tower,
Nr. Shyamal Cross Road, 132ft. Ring Road,
Satellite, Ahmedabad – 15
 
Contact: + 91-9427633901

 

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On 05 September 2009 at 20:35
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cs
227 Points Joined September 2009

Pls. reply

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On 06 September 2009 at 13:42
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cs
227 Points Joined September 2009

Pls. clarify if we go by IInd option, how the assets will be shown in company's BS. If assets are revalued, would there be any capital gain?

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On 06 September 2009 at 22:24


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