CONVERSION OF PARTNERSHIP FIRM TO PVT COMPANY

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)
Quick Summary
This discussion addresses the conversion of a partnership firm into a private limited company when the company has already been incorporated without filing URC-1. While direct conversion might not be straightforward after incorporation, the advice suggests closing the partnership firm through a dissolution deed and then incorporating a new private limited company. This approach allows partners to become directors in the new entity.

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.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
12 November 2026
Auditor

Oz Taxation

Vijayawada

Graduate (Any)

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
ARTICLESHIP 14 November 2026
Article Assistant

Jitendra Agarwal & Associates

Bengaluru

CA Inter

View Details
Company
10 November 2026
Direct Tax Manager

CAAQ CONSULTANCY PVT LTD

New Delhi

CA Final

View Details
Company
ARTICLESHIP 07 November 2026
Article Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details