| Originally posted by :Guest | ||
| " | What if the partners are less than 7, can the firm then be converted into a limited company under the Companies Act.? | " |
| Originally posted by :Guest | ||
| " | What if the partners are less than 7, can the firm then be converted into a limited company under the Companies Act.? | " |
| Originally posted by :S.Srinivasaraghavan | ||
| " |
sir,with due regards i wish to know the formalities after incorporation of a private limited company |
" |
CS.Ranjani
(Company Secretary)
(37 Points)
Replied 10 August 2008
could anyone say whether there is any provision in law to convert a private company nto a registered partnership firm. or winding up of the pvt co is the only option available
regards
CS Ranjani
| Originally posted by :K S.Suryanarayanan | ||
| " | what is the procedure to be followed for conversion of Parnership into a private ltd company Please clarify my following doubts 1. Can the minors who are parners in the firm be counted for the total of seven partners required as per companies act 2. Can HUF, a partner in the firm, be taken as on of the seven partners. 3. After conversion into a pvt ltd company, should the company pay the stampduty for registration of the immovable property in the company;s name. 4. Suppose the partner's have both capital and current account in the firm's books, whether both will be added for the issue of shares in the ltd company 5. can we issue shares at a premium 6. Can we issue shares for part amount due to the partner and balace be treated as loan with interest.Can this be done if such a clause is provided in the partnership deed. CA SURYANARAYANAN | " |
| Manzoor a dar | ||
| " | I would like to know that after conversion of partnership concern into pvt ltd company what would be the effect of arbitration clause contained in partnership deed. Also let me know if recourse can be had to arbitration clause contained in articles of association by filing a petition under sec 11 of the arbitration and coincilation act 1996 or there is any legal impediment preventing recourse tosuch action | " |
| Originally posted by :Guest | ||
| " | wats the procedure for conversion of Partnership firm into a company?? | " |
pls sir send me complete procedure of partnership from public limited company
| Originally posted by :K S.Suryanarayanan | ||
| " | what is the procedure to be followed for conversion of Parnership into a private ltd company Please clarify my following doubts 1. Can the minors who are parners in the firm be counted for the total of seven partners required as per companies act 2. Can HUF, a partner in the firm, be taken as on of the seven partners. 3. After conversion into a pvt ltd company, should the company pay the stampduty for registration of the immovable property in the company;s name. 4. Suppose the partner's have both capital and current account in the firm's books, whether both will be added for the issue of shares in the ltd company 5. can we issue shares at a premium 6. Can we issue shares for part amount due to the partner and balace be treated as loan with interest.Can this be done if such a clause is provided in the partnership deed. CA SURYANARAYANAN | " |
| Originally posted by :S.Srinivasaraghavan | ||
| " | Procedure given in Chapter IX of Companies Act 1. Minors can not be members directly. 2. HUF can not, but the Kartha can. Kartha will be considered as member 3. No 4. Yes 5.Yes 6.Yes |
" |
| Originally posted by :K S.Suryanarayanan | ||
| " | what is the procedure to be followed for conversion of Parnership into a private ltd company Please clarify my following doubts 1. Can the minors who are parners in the firm be counted for the total of seven partners required as per companies act 2. Can HUF, a partner in the firm, be taken as on of the seven partners. 3. After conversion into a pvt ltd company, should the company pay the stampduty for registration of the immovable property in the company;s name. 4. Suppose the partner's have both capital and current account in the firm's books, whether both will be added for the issue of shares in the ltd company 5. can we issue shares at a premium 6. Can we issue shares for part amount due to the partner and balace be treated as loan with interest.Can this be done if such a clause is provided in the partnership deed. CA SURYANARAYANAN | " |
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