CONVERSION OF PARTNERSHIP FIRM TO PVT COMPANY

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A pvt company is incorporated without fling URC-1,The actual intent of the Company is to convert from a Partnership Firm the partners are the directors in the Company, is there any option available to convert Firm into the incorporated Company.
Replies (3)
What do you mean by incorporated company?
A company can be public or private depending on the way it is being set up.
A private company has some disadvantages while a public company has certain disadvantages.
Both has its advantages.
You have to close down partnership firm by way of dissolution deed. You can anytime incorporate Pvt Ltd company .
Close down and start afresh.


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